{"id":614569,"date":"2023-11-03T11:20:33","date_gmt":"2023-11-03T05:50:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=614569"},"modified":"2023-11-03T11:20:33","modified_gmt":"2023-11-03T05:50:33","slug":"adani-enterprises-profit-drops-51","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprises-profit-drops-51\/","title":{"rendered":"Adani Enterprises profit drops 51%"},"content":{"rendered":"<p>NEW DELHI:  Impacted by falling prices of coal, Adani Enterprises Ltd (AEL), the Adani group flagship firm, on Thursday reported a 51% drop in its consolidated net profit (attributable to owners) to Rs 227.82 crore compared with Rs 460.94 crore in the corresponding quarter last year. <\/p>\n<p>AEL\u2019s consolidated revenue from operations fell 41% YoY to Rs 22,517.33 crore from Rs 38,175.23 crore in the same quarter last year. \u201cWe are fundamentally reshaping the essence of incubation scale and velocity,\u201d said Gautam Adani, Chairman of the Adani Group. \u201cAdani Enterprises covers sectors that span energy, utility, transport, D2C, and primary industries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Impacted by falling prices of coal, Adani Enterprises Ltd (AEL), the Adani group flagship firm, on Thursday reported a 51% drop in its consolidated net profit (attributable to owners) to Rs 227.82 crore compared with Rs 460.94 crore in the corresponding quarter last year. AEL\u2019s consolidated revenue from operations fell 41% YoY to Rs 22,517.33 crore from Rs 38,175.23 crore in the same quarter last year. \u201cWe are fundamentally reshaping the essence of incubation scale and velocity,\u201d said Gautam Adani, Chairman of the Adani Group. \u201cAdani Enterprises covers sectors that span energy, utility, transport, D2C, and primary industries.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-614569","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614569","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=614569"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614569\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}