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Economic Times | 03 Aug, 2023 | 01:00PM IST
Adani Enterprise Q1 Results Live Blog: Adani Ent, Adani Power to post earnings today
Adani Enterprises to announce Q1 earnings later in the day. Keep tracking this space for live updates.
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Shares of Adani Power gain marginally ahead of Q1 results
Price as on 03 Aug, 2023 12:57 PM, Click on company names for their live prices.
Shares of Adani Ent gain over 1% ahead of Q1 results in a bear market
Q4 Snapshot | Here's how Adani Power performed in previous quarter
Adani Power has reported an increase of 12.9% in its consolidated net profit at Rs 5,242.48 crore as compared to Rs 4,645 crore for the fiscal fourth quarter.For FY23, net profit more than doubled to Rs 10726 crore against Rs 4911.5 Crore.
The consolidated total revenue for the fourth quarter was Rs 10,795 crore as compared to Rs 13,308 crore in the corresponding previous quarter.
The consolidated total revenue for the fourth quarter was Rs 10,795 crore as compared to Rs 13,308 crore in the corresponding previous quarter.
Q4 Snapshot | Here's how Adani Ent performed in previous quarter
Adani Enterprises Ltd reported an over 2-fold year-on-year (YoY) rise in consolidated net profit for the quarter ended March to Rs 722.48 crore. Revenue from operations increased 26% YoY to Rs 31,346.05 crore.
The company’s board approved a dividend of Rs 1.20 a share for the financial year ended March.
The diversified conglomerate’s operating profit more than doubled on year to Rs 3,957 crore.
For FY23, Adani Enterprises’ consolidated net profit trebled YoY to Rs 2,472.94 crore, and revenue surged over 97% to Rs 1.37 lakh crore.
Consolidated operating profit in the year doubled to Rs 10,025 crore on account of strong operational performance across businesses, the company said.
The company’s board approved a dividend of Rs 1.20 a share for the financial year ended March.
The diversified conglomerate’s operating profit more than doubled on year to Rs 3,957 crore.
For FY23, Adani Enterprises’ consolidated net profit trebled YoY to Rs 2,472.94 crore, and revenue surged over 97% to Rs 1.37 lakh crore.
Consolidated operating profit in the year doubled to Rs 10,025 crore on account of strong operational performance across businesses, the company said.
Adani Enterprise Q1 Results: Adani Enterprises, Adani Power to announce June quarter earnings late in the day
Stay tuned for more updates.
