Adani Enterprises Q1 Results: Net Profit Jumps 73 percent YoY To Rs 469 Crore; Revenue Up 225 percent
On Thursday, Adani Enterprises reported a 73 percent increase in its consolidated net profit, which came in at Rs 469 crore for the June 2022 quarter. This figure compares to Rs 271 crore for the same period in the previous year. Its consolidated revenue from operations from April 2022 to June 2022 increased by 224.72 percent to 40,844.25 crores, compared to 12,578.77 crores during the same period in the previous year.
"While our varied growth is evident throughout our range of businesses, Adani Enterprises continues to prove itself as one of the world's most successful multi-industry incubators," said Gautam Adani, Chairman of the Adani Group. There is nothing comparable to the incubation method that AEL employs, and we aim to make even more use of this one-of-a-kind business model as ...