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Adani Enterprises Q1 results: Profit jumps 44% to Rs 674 crore YoY; total income falls 37%

The company's total income fell sharply on a year-on-year (YoY) basis. Total income, which includes revenue from operations and other income, came at Rs 25,809.94 crore in Q1 FY24, down 37.15 per cent from Rs 41,066.43 crore in the year-ago period. Income slipped by 18.62 per cent quarter-on-quarter (QoQ). ....

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Adani Enterprises Q1 Results: Profit jumps 44% YoY to Rs 674 crore but revenue drops 38%

Revenue from operations during the first quarter, however, fell 38% to Rs 25,438 crore, compared with Rs 40,844 crore in the year-ago quarter. The revenue fall is attributed to the correction in coal prices. ....

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