{"id":595772,"date":"2023-08-04T09:56:33","date_gmt":"2023-08-04T04:26:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595772"},"modified":"2023-08-04T10:59:46","modified_gmt":"2023-08-04T05:29:46","slug":"adani-enterprises-q1-profit-jumps-on-strong-new-energy-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-q1-profit-jumps-on-strong-new-energy-business\/","title":{"rendered":"Adani Enterprises Q1 profit jumps on strong new energy business"},"content":{"rendered":"<p>Adani Enterprises on Thursday reported a 44 per cent rise in first-quarter profit, as performance at its new energy division outpaced a weak growth in the key coal trading division.<\/p>\n<p>The company&#8217;s consolidated profit rose to 6.74 billion rupees ($81.5 million) for the quarter ended June 30, from 4.69 billion rupees a year ago.<\/p>\n<p>The company&#8217;s mainstay coal business posted a small 5 per cent rise in earnings before interest, taxes, depreciation and amortization (EBITDA) at 10 billion rupees due to a fall in coal prices, while that of the Adani New Energy segment jumped seven-fold to 3.55 billion rupees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Enterprises on Thursday reported a 44 per cent rise in first-quarter profit, as performance at its new energy division outpaced a weak growth in the key coal trading division. The company&#8217;s consolidated profit rose to 6.74 billion rupees ($81.5 million) for the quarter ended June 30, from 4.69 billion rupees a year ago. The company&#8217;s mainstay coal business posted a small 5 per cent rise in earnings before interest, taxes, depreciation and amortization (EBITDA) at 10 billion rupees due to a fall in coal prices, while that of the Adani New Energy segment jumped seven-fold to 3.55 billion rupees.<\/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":[146,130,234],"tags":[],"class_list":["post-595772","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595772","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=595772"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595772\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}