Revenue from operations rose 12% to Rs 4,780 crore in Q4 compared with Rs 4256 crore in the same quarter of last year. Earnings per share of the Adani Group firm rose to Rs 2.68 in Q4 against Rs 2.53 in Q4 of FY23.
Indian headline indices S&P BSE Sensex and Nifty traded lackluster in the early trade amid weak US handover. Nifty fell by over 100 points to hit the day s low of 22,346.50 amid selling pressure in banks, auto and FMCG stocks.
Adani Group stocks dropped sharply during the trading session on Wednesday as the sell-off in the broader markets intensified and spread across the largecaps.
Gujarat-based Sanghi Industries, in which Ambuja Cements acquired a majority stake last year, has called for an extraordinary general meeting on Feb 8, Thursday to get shareholders consent.