{"id":595716,"date":"2023-08-04T09:24:48","date_gmt":"2023-08-04T03:54:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595716"},"modified":"2023-08-04T09:53:00","modified_gmt":"2023-08-04T04:23:00","slug":"adani-enterprises-q1-profit-up-43-6-on-the-back-of-improved-performance","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-q1-profit-up-43-6-on-the-back-of-improved-performance\/","title":{"rendered":"Adani Enterprises Q1 profit up 43.6% on the back of improved performance"},"content":{"rendered":"<p>Adani Enterprises announced a 43.6 per cent surge in its net profit, attributable to the company&#8217;s owners, for the first quarter ending June 2023 (Q1FY24). This rise is credited to enhanced performance and increased other income, despite a sequential drop.<\/p>\n<p>In Q1FY24, the company recorded a net profit of Rs 674 crore, marking a 43.6 per cent growth year on year (Y-o-Y), but a 6.7 per cent decline sequentially. The company&#8217;s revenue stood at Rs 25,438 crore, a 37.7 per cent reduction Y-o-Y and an 18.8 per cent decrease sequentially. The firm attributed this decline to lower coal prices in the reviewed quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Enterprises announced a 43.6 per cent surge in its net profit, attributable to the company&#8217;s owners, for the first quarter ending June 2023 (Q1FY24). This rise is credited to enhanced performance and increased other income, despite a sequential drop. In Q1FY24, the company recorded a net profit of Rs 674 crore, marking a 43.6 per cent growth year on year (Y-o-Y), but a 6.7 per cent decline sequentially. The company&#8217;s revenue stood at Rs 25,438 crore, a 37.7 per cent reduction Y-o-Y and an 18.8 per cent decrease sequentially. The firm attributed this decline to lower coal prices in [&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-595716","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\/595716","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=595716"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595716\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}