Adani Enterprises has reported total income of Rs. 26,066.72 crores during the period ended June 30, 2024
Adani Enterprises Limited (AEL), the flagship company of the Adani Group, has reported consolidated financial results for the period ended June 30, 2024.
Adani Enterprises has posted net profit of Rs. 1,454.50 crores for the period ended June 30, 2024 as against net profit of Rs. 450.58 crores for the period ended March 31, 2024. The company posted net profit of Rs.673.93 crores for the period ended June 30, 2023.
Adani Enterprises has reported total income of Rs. 26,066.72 crores during the period ended June 30, 2024 as compared to Rs. 29,630.29 crores during the period ended March 31, 2024. The company reported total income of Rs. 23, 015.94 crores during the period ended June 30, 2023.
The emerging core infra businesses comprising of ANIL Ecosystem, Airports and Roads are consistently making significant strides in their operational performance. The contribution of these businesses to the overall EBIDTA has now increased to 62% in Q1 FY25 compared to 45% in Q1 FY24. ANIL Ecosystem solar manufacturing and wind turbine businesses has recorded highest ever EBIDTA of Rs. 1,642 cr with an increase of 3.6x on Y-o-Y basis and now contributes 38% to total EBIDTA on back of its robust operational performance.
"Adani Enterprises Ltd (AEL) is further expanding its position as India's leading business incubator and a global model in infrastructure development," said Gautam Adani, Chairman of the Adani Group.
"The substantial growth in our EBIDTA, driven by the exceptional performance of the ANIL ecosystem, our airport operations and our road construction business, underscores our commitment to operational excellence and sustainable value creation. The combination of best-in-class management practices, state-of-the-art technologies, high ratings and fully-funded growth strategies, ensures that AEL continues to set new national and international benchmarks."
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