{"id":300581,"date":"2019-11-13T11:08:07","date_gmt":"2019-11-13T05:38:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300581"},"modified":"2019-11-13T11:38:33","modified_gmt":"2019-11-13T06:08:33","slug":"adani-enterprises-posts-rs-75-cr-q2-loss-as-group-firm-writes-off-rs-130-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-posts-rs-75-cr-q2-loss-as-group-firm-writes-off-rs-130-cr\/","title":{"rendered":"Adani Enterprises posts Rs 75 cr Q2 loss as group firm writes off Rs 130 cr"},"content":{"rendered":"<p>A write-off worth Rs 130 crore of an exploration block in one of its group subsidiaries has led to Adani Enterprises Ltd (AEL) posting a loss before tax of Rs 74.54 crore for the second quarter ended September 30, 2019. The flagship company of Adani Group had delivered a profit before tax of Rs 29 lakh in the corresponding quarter of the previous fiscal 2018-19. <\/p>\n<p>AEL&#8217;s consolidated total income for the second quarter of fiscal 2019-20 stood at Rs 8,627 crore as against Rs 9,265 crore for the corresponding period in the previous year, registering a fall of six per cent. The earnings before interest, depreciation, tax, and amortization (EBIDTA) for the quarter stood at Rs 540 crore as compared to Rs 552 crore in Q2FY19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A write-off worth Rs 130 crore of an exploration block in one of its group subsidiaries has led to Adani Enterprises Ltd (AEL) posting a loss before tax of Rs 74.54 crore for the second quarter ended September 30, 2019. The flagship company of Adani Group had delivered a profit before tax of Rs 29 lakh in the corresponding quarter of the previous fiscal 2018-19. AEL&#8217;s consolidated total income for the second quarter of fiscal 2019-20 stood at Rs 8,627 crore as against Rs 9,265 crore for the corresponding period in the previous year, registering a fall of six per [&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":[135,170,130],"tags":[],"class_list":["post-300581","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300581","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=300581"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300581\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}