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Adani Enterprises reports 55% fall in Q4 consolidated net profit
May-02-2024

Adani Enterprises has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 76.17% rise in its net profit at Rs 776.71 crore for the quarter under review as compared to Rs 440.88 crore for the same quarter in the previous year. However, total income of the company decreased by 10.62% at Rs 9,556.66 crore for Q4FY24 as compared Rs 10,692.75 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 54.88% fall in its net profit at Rs 352.25 crore for fourth quarter ended March 31, 2024 as compared to Rs 780.68 crore for the same quarter in the previous year. However, total income of the company increased by 1.09% at Rs 29,630.29 crore for Q4FY24 as compared Rs 29,311.42 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 75.28% rise in net profit at Rs 2,844.26 crore as compared to Rs 1,622.73 crore for the previous year. However, total income of the company decreased by 43.06% at Rs 33,679.15 crore for year under review as compared to Rs 59,151.19 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 37.73% rise in its net profit at Rs 3,335.27 crore as compared to Rs 2,421.60 crore for the previous year. However, total income of the company decreased by 23.66% at Rs 98,281.51 crore for year under review as compared to Rs 128,734.09 crore for year ended March 31, 2023. 


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