AHMEDABAD: Adani Enterprises Limited, the flagship firm of ports-to-power conglomerate Adani Group, on Thursday posted a 130% rise in its consolidated net profit in the course of the third quarter of FY 2024. The firm’s net profit stood at Rs 1,888.4 crore in the course of the quarter as in comparison with Rs 820 crore within the year-ago interval.
Adani Enterprises’ shares traded at Rs 3,152.25 a bit on BSE because the markets closed on Thursday.
AEL posted a 6.5% rise in its income from operations in the course of the quarter, which settled at Rs 28,336.4 crore in opposition to Rs 26,612.2 crore within the corresponding quarter of FY 2023.
Adani Enterprises’ incubating companies, comprising inexperienced hydrogen ecosystem, airports and roads contribute 45% to total EBITDA, the corporate stated.
“We are pleased with the pace of our advance in establishing a fully integrated manufacturing chain for green hydrogen production,” Gautam Adani, chairman, Adani Group. “This fully integrated approach will provide us a tremendous advantage in end-to-end planning, granting us superior control over the final product and its cost.”
Adani Enterprises’ shares traded at Rs 3,152.25 a bit on BSE because the markets closed on Thursday.
AEL posted a 6.5% rise in its income from operations in the course of the quarter, which settled at Rs 28,336.4 crore in opposition to Rs 26,612.2 crore within the corresponding quarter of FY 2023.
Adani Enterprises’ incubating companies, comprising inexperienced hydrogen ecosystem, airports and roads contribute 45% to total EBITDA, the corporate stated.
“We are pleased with the pace of our advance in establishing a fully integrated manufacturing chain for green hydrogen production,” Gautam Adani, chairman, Adani Group. “This fully integrated approach will provide us a tremendous advantage in end-to-end planning, granting us superior control over the final product and its cost.”
