In Short : Adani Enterprises has successfully raised $42 billion through a Qualified Institutional Placement (QIP). This substantial capital infusion is intended to support the company’s expansion plans and strengthen its financial position. The move highlights investor confidence in Adani’s growth strategy and its commitment to enhancing operations across various sectors, including energy, infrastructure, and […]
Adani Enterprises Q1FY25 Net Profit Doubles to ₹1,455 Crore, Revenue Grows 12.5% to ₹25,472 Crore – EQ
In Short : Adani Enterprises reported a net profit of ₹1,455 crore for Q1FY25, doubling from the previous year. Revenue increased by 12.5% to ₹25,472 crore, reflecting strong business performance and growth across its various sectors. In Detail : Adani Enterprises, a leading firm in the Adani Group, reported a remarkable 116% year-on-year increase in […]
Adani Enterprises to invest Rs 80k cr in current fiscal, says official – EQ
In Short : Adani Enterprises intends to invest Rs 80,000 crore in the current fiscal year, as stated by an official. This substantial investment underscores the company’s ambitious growth plans across various sectors, contributing to economic development and job creation while fostering innovation and sustainability. In Detail : A bulk of the capital expenditure planned […]
Adani Enterprises Q3 results: PAT jumps to Rs 1,888 cr, revenue up 6.5% – EQ
In Short : Adani Enterprises has reported its Q3 results, with a Profit After Tax (PAT) surge to Rs 1,888 crore and a 6.5% increase in revenue. This strong financial performance indicates the company’s successful operations across its diverse business sectors during the reported period. In Detail : Higher margins and volumes in coal trading […]
Adani Enterprises to raise ₹20,000 crore via a follow-on public offer – EQ Mag
Adani Enterprises on Friday said it will raise Rs 20,000 crore in equity to fund the massive expansion of the business empire that now spans from ports to energy to cement. Shares of Adani Enterprises Ltd (AEL) have more than doubled in the last year, giving it a market value of Rs 4.46 lakh crore. […]
Adani Enterprises, Adani Power slip on D-Street
Adani Enterprises, Adani Power slip on D-Street after France-based Total Renewables SAS buys 100% stake of UT UT is an entity which was disclosed as part of the promoter group of both companies. Both Adani Enterprises and Adani Power have informed exchanges that 100% shares of Universal Trade and Investments Ltd (“UT”) have been acquired […]
Adani Enterprises Q4 profit rises 47 pc to Rs 266 cr
New Delhi: Adani Enterprises Wednesday reported a 46.87 per cent jump in consolidated profit to Rs 266.09 crore for the fourth quarter ended March 31, mainly driven by higher income. The company had posted a consolidated profit of Rs 181.17 crore in the corresponding quarter of the previous fiscal, Adani Enterprises said in a BSE […]