Adani Enterprises reported 6.14% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs11,620.45cr. Its largest segment of integrated resource management saw a fall in revenues on a yoy basis. However, revenues from mining and solar manufacturing were sharply higher, which made up for the integrated resource piece.
The consolidated Profit after tax (PAT) for the Dec-20 quarter was down -30.37% at Rs296.81cr due to an exceptional write-off of Rs79.5cr as the government terminated its Palej oil exploration block and hence the project cost had to be written off. As a result, the PAT margins declined from 3.89% in Dec-19 to 2.70% in Dec-20.
Financial highlights for Dec-20 compared yoy and sequentially
|
|
Adani Enterprises |
|
|
|
|
Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
|
Total Income (Rs cr) |
₹ 11,620.45 |
₹ 10,948.17 |
6.14% |
₹ 9,126.42 |
27.33% |
|
Net Profit (Rs cr) |
₹ 296.81 |
₹ 426.26 |
-30.37% |
₹ 362.37 |
-18.09% |
|
|
|
|
|
|
|
|
Diluted EPS (Rs) |
₹ 2.70 |
₹ 3.88 |
|
₹ 3.30 |
|
|
Net Margins |
2.55% |
3.89% |
|
3.97% |
|
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