{"id":614486,"date":"2023-11-03T09:45:35","date_gmt":"2023-11-03T04:15:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=614486"},"modified":"2023-11-03T10:32:07","modified_gmt":"2023-11-03T05:02:07","slug":"adani-enterprises-q2fy24-results-profit-after-tax-halves-to-rs-228-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-q2fy24-results-profit-after-tax-halves-to-rs-228-crore\/","title":{"rendered":"Adani Enterprises Q2FY24 results: Profit after tax halves to Rs 228 crore"},"content":{"rendered":"<p>Profit after tax (PAT) for Adani Enterprises for the quarter ended September 2023 (Q2FY24) halved from a year ago with higher segment losses from commercial mining and a dip in profits from the integrated resource management (IRM) business. <\/p>\n<p>For Q2FY24, Adani Enterprises reported a PAT of Rs 228 crore, 50 per cent lower from a year ago. Net sales for the company also dipped 41 per cent, to Rs 22,517 crore. Sequentially, the company\u2019s PAT declined 66.2 per cent. <\/p>\n<p>Earnings before interest, taxation, depreciation, and amortisation or Ebitda for the quarter, the company said, increased by 39 per cent to Rs 2,979 crore on account of strong incubating businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Profit after tax (PAT) for Adani Enterprises for the quarter ended September 2023 (Q2FY24) halved from a year ago with higher segment losses from commercial mining and a dip in profits from the integrated resource management (IRM) business. For Q2FY24, Adani Enterprises reported a PAT of Rs 228 crore, 50 per cent lower from a year ago. Net sales for the company also dipped 41 per cent, to Rs 22,517 crore. Sequentially, the company\u2019s PAT declined 66.2 per cent. Earnings before interest, taxation, depreciation, and amortisation or Ebitda for the quarter, the company said, increased by 39 per cent to [&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-614486","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\/614486","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=614486"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614486\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}