E-Paper
Adani Enterprises Q4 net profit falls 37% to ₹451 crore, declares dividend
Adani Enterprises Q4 results: The company declared a dividend of ₹1.3 per share for the fiscal year 2023-24.
Prefer HTon Google
Adani Enterprises Q4 results: Adani Enterprises' Q4 FY24 net profit fell 37 per cent year-on-year to ₹451 crore, the company said in an exchange filing. The company declared a dividend of ₹1.3 per share for the fiscal year 2023-24.
Read more: Adani Ports Q4 net profit rises 76% to ₹2,040 crore, declares ₹6 dividend
Operating as well as cost of input materials soared during the quarter, it said. Revenue from operations was up at ₹29,180.02 crore in the quarter under review from ₹28,943.84 crore in January-March 2023.
Read more: Meet Dennis Woodside: Top points on new Freshworks CEO who replaces Girish Mathrubootham
The company said that consolidated net profit of ₹450.58 crore in January-March 2023-24 is compared with ₹722.48 crore net profit in the same period last year and ₹1,888.45 crore earning in the preceding quarter.
Read more: Dabur Q4 results: Net profit up 16% to ₹350 crore, dividend declared
For the full fiscal year 2023-24, net profit soared 31 per cent to ₹3,240.78 crore despite revenue from operations falling to ₹96,420.98 crore from ₹127,539.50 crore in 2022-23.
