Adani Enterprises Q4 net declines 37% to Rs 451cr
Ahmedabad Mirror|May 03, 2024
One-time past airport dues and commercial mining losses drag down profit; incubating businesses like new energy and airports show strong momentum
Adani Enterprises Q4 net declines 37% to Rs 451cr

Adani Enterprises, the flagship incubator of billionaire Gautam Adani’s conglomerate, on Thursday reported a 37% drop in March quarter net profit, bogged down by one-time past airport dues and commercial mining losses. Consolidated net profit stood at Rs 450.58 crore in January-March of FY24 against Rs 722.48 crore in same period last year.

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