Adani Enterprises Q1 net profit surges 116% to ₹1,455 crore

Adani Enterprises Q1 results: Gautam Adani flagship firm's operating margin during the April-June quarter expanded to 12.18 per cent.

Updated on: Aug 1, 2024, 16:14:13 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

Adani Enterprises reported its Q1FY25 net profit jumped to ₹1,455 crore, growing over two-fold from ₹674 crore in the same quarter a year ago. During the same period, revenue from operations rose 12.5 per cent on-year to ₹25,472 crore. Gautam Adani flagship firm's operating margin during the April-June quarter expanded to 12.18 per cent from 9.92 per cent in the corresponding quarter previous year, it said.

Adani Enterprises Q1 results: Adani Enterprises' revenue from the 'new energy ecosystem' swelled to ₹4,457 crore in the first quarter.

Read more: Zomato Q1 results: Profit jumps to ₹253 crore; revenue soars 74% YoY

In a stock exchange filing, Adani Enterprises also said it will transfer its entire food FMCG business, including all associated activities, assets, liabilities, and strategic investments in Adani Commodities LLP, to Adani Wilmar.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator

Adani Enterprises Q1 net profit surges 116% to ₹1,455 crore

Adani Enterprises Q1 results: Gautam Adani flagship firm's operating margin during the April-June quarter expanded to 12.18 per cent.

Read more: Adani Ports registers 47% profit growth, 21% revenue in April-June quarter

Read more: Zomato Q1 results: Profit jumps to ₹253 crore; revenue soars 74% YoY