{"id":445717,"date":"2021-10-28T08:46:13","date_gmt":"2021-10-28T03:16:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445717"},"modified":"2021-10-28T09:49:19","modified_gmt":"2021-10-28T04:19:19","slug":"adani-enterprises-profit-drops-55-to-rs-195-crore-in-sept-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-profit-drops-55-to-rs-195-crore-in-sept-quarter\/","title":{"rendered":"Adani Enterprises profit drops 55% to Rs 195 crore in Sept quarter"},"content":{"rendered":"<p>Adani Enterprises Ltd (AEL) on Wednesday reported a 55.3 per cent decline in consolidated profit at Rs 194.54 crore for the quarter ended September, hit by higher expenses.<\/p>\n<p>The company had posted a consolidated profit of Rs 435.73 crore in the year-ago period, Adani Enterprises said in a filing to BSE.<\/p>\n<p>However, consolidated total income during July-September quarter increased to Rs 13,597.10 crore over Rs 9,312.14 crore in the year-ago period.<\/p>\n<p>Total expenses increased to Rs 13,408.53 crore from Rs 8,788.59 crore.<\/p>\n<p>&#8220;AEL continues to prove itself as India&#8217;s most successful incubator &#8212; and remains unmatched in developing exciting new ideas strategically linked to the Adani portfolio of companies,&#8221; Gautam Adani, chairman of the Adani Group, said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Enterprises Ltd (AEL) on Wednesday reported a 55.3 per cent decline in consolidated profit at Rs 194.54 crore for the quarter ended September, hit by higher expenses. The company had posted a consolidated profit of Rs 435.73 crore in the year-ago period, Adani Enterprises said in a filing to BSE. However, consolidated total income during July-September quarter increased to Rs 13,597.10 crore over Rs 9,312.14 crore in the year-ago period. Total expenses increased to Rs 13,408.53 crore from Rs 8,788.59 crore. &#8220;AEL continues to prove itself as India&#8217;s most successful incubator &#8212; and remains unmatched in developing exciting new [&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":[135,130,232],"tags":[],"class_list":["post-445717","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445717","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=445717"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445717\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}