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Adani Enterprises Q4 profit jump twofold as it recovers from Hindenburg attack earlier

Adani Enterprises shares rally 4% during its trading session after the company records 137% net profit growth in Q4 and 120% dividend announcement for eligible shareholders. ....

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Hindenburg Impact: Nifty recovers fully but Adani shares still require up to 320% rally to revisit Jan 24 levels

For the entire fiscal year 2022-2023, Adani Enterprises reported a 218 per cent in the net profit at Rs 2,472.94 crore, against a net profit at Rs 776.56 crore in the same period previous year, while EBITDA stood at Rs 10,025 crore, up 112 per cent from the previous fiscal.Its revenue from operations almost doubled to Rs 1,36,977.76 crore during the period under review.

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