{"id":276715,"date":"2019-05-30T06:19:32","date_gmt":"2019-05-30T06:19:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276715"},"modified":"2019-05-30T06:28:57","modified_gmt":"2019-05-30T06:28:57","slug":"adani-enterprises-q4-profit-rises-47-as-coal-mining-volumes-surge","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-q4-profit-rises-47-as-coal-mining-volumes-surge\/","title":{"rendered":"Adani Enterprises Q4 profit rises 47% as coal mining volumes surge"},"content":{"rendered":"<p>MUMBAI: Adani Enterprises, the diversified flagship company of the Gautam Adani group with interests in coal mining, solar module manufacturing and edible oil business, reported consolidated net profit of \u20b9266 crore, up 47% from the \u20b9181.17 crore it reported in year-ago period, backed by a massive increase in coal mining volumes. Revenue for the quarter was \u20b913,236.62 crore, up 36% from \u20b99766 crore from the year-ago period.<\/p>\n<p>During the quarter, Adani took an impairment of non-current assets of \u20b9670.80 crore due to continuous delay in regulatory approval process and various legal challenges in two businesses \u2013 coal mining and renewables \u2013in Australia, the company said in the exchange filing.<\/p>\n<p>For the quarter, consolidated EBIDTA stood at \u20b9943 crores vs Rs. 994 crores in Q4 FY 18. For the full year, net profit rose \u20b9505.91 crore, down 15% year-on-year from \u20b9594.20 crore in FY18.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Adani Enterprises, the diversified flagship company of the Gautam Adani group with interests in coal mining, solar module manufacturing and edible oil business, reported consolidated net profit of \u20b9266 crore, up 47% from the \u20b9181.17 crore it reported in year-ago period, backed by a massive increase in coal mining volumes. Revenue for the quarter was \u20b913,236.62 crore, up 36% from \u20b99766 crore from the year-ago period. During the quarter, Adani took an impairment of non-current assets of \u20b9670.80 crore due to continuous delay in regulatory approval process and various legal challenges in two businesses \u2013 coal mining and renewables [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[190,139,130],"tags":[],"class_list":["post-276715","post","type-post","status-publish","format-standard","hentry","category-coal-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276715"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276715\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}