{"id":614746,"date":"2023-11-03T12:11:24","date_gmt":"2023-11-03T06:41:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=614746"},"modified":"2023-11-03T13:49:41","modified_gmt":"2023-11-03T08:19:41","slug":"adani-enterprise-q2-results-net-profit-halves-as-mining-losses-widen","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-enterprise-q2-results-net-profit-halves-as-mining-losses-widen\/","title":{"rendered":"Adani Enterprise Q2 results: Net profit halves as mining losses widen"},"content":{"rendered":"<p>Billionaire Gautam Adani&#8217;s flagship firm on Thursday reported halving of the second quarter net profit as losses in the mining business widened and operating expenses rose.<\/p>\n<p>Adani Enterprises Ltd&#8217;s July-September quarter consolidated net profit of \u20b9222.82 crore was down 50.5 per cent when compared with \u20b9460.94 crore net profit in the same period last year, according to a stock exchange filing by the company.<\/p>\n<p>While operating expenses rose 8 per cent, the company booked a one-time loss of \u20b988 crore on realisable value of assets held for sale of one of the subsidiaries of the group, Mundra Solar PV Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Gautam Adani&#8217;s flagship firm on Thursday reported halving of the second quarter net profit as losses in the mining business widened and operating expenses rose. Adani Enterprises Ltd&#8217;s July-September quarter consolidated net profit of \u20b9222.82 crore was down 50.5 per cent when compared with \u20b9460.94 crore net profit in the same period last year, according to a stock exchange filing by the company. While operating expenses rose 8 per cent, the company booked a one-time loss of \u20b988 crore on realisable value of assets held for sale of one of the subsidiaries of the group, Mundra Solar PV Ltd.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,236],"tags":[],"class_list":["post-614746","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-power-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614746","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=614746"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614746\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}