{"id":595827,"date":"2023-08-04T10:15:44","date_gmt":"2023-08-04T04:45:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595827"},"modified":"2023-08-04T11:40:42","modified_gmt":"2023-08-04T06:10:42","slug":"adani-enterprises-posts-44-jump-in-q1-profit-on-strong-new-energy-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-posts-44-jump-in-q1-profit-on-strong-new-energy-business\/","title":{"rendered":"Adani Enterprises posts 44% jump in Q1 profit on strong new energy business"},"content":{"rendered":"<p>BENGALURU: Adani Enterprises on Thursday reported a 44% 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% 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>BENGALURU: Adani Enterprises on Thursday reported a 44% 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% 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":[130,246,137],"tags":[],"class_list":["post-595827","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595827","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=595827"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595827\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}