Invest
Commodity Trading & Distribution company Adani Enterprises announced Q1FY24 results:
- Total income stood at Rs 25,810 crore on account of the correction in coal prices
- EBITDA increased by 47% to Rs 2,896 crore on account of strong operational growth
- Attributable PAT increased by 44% to Rs 674 in line with increased EBITDA
"Every quarter, year after year, and across three decades, Adani Enterprises has consistently proven its reputation not only as India’s most successful business incubator but also as a global powerhouse in infrastructure development," said Gautam Adani, Chairman of the Adani Group.
He added, "These results are a validation of the Adani Group's robust operational and financial achievements. These outcomes, led by our incubating business of Adani Airports, Adani New Industries, Data Center, and Adani Roads, not only underscore our history of creating and nurturing new and vital infrastructure businesses but also emphasize the future value and growth potential of the diverse Adani portfolio. Our expertise in executing large-scale projects, like Kutch Copper, Navi Mumbai Airport, and the certification of India’s first 5 MW onshore wind turbine, coupled with our world-class O&M capabilities are fundamental drivers that continue to accelerate our infrastructure journey that is poised to play a significant role in meeting the aspirations of the largest emerging middle-class cohort in the world. As we explore strategic expansion and growth, we remain committed to upholding the highest standards of governance, compliance, and performance."
FAQ’s on Adani Enterprises Ltd Shares
