Adani Group Net profit increased by 753 percent (7.5 times) to Rs 3845 crore in the fourth quarter of FY 2024-25, the leading company Adani Enterprises Limited (AEL). Consumer product making company Wilmer has seen a huge bounce in the company’s profit with a lump sum profit from sales and strong performance in airport business with a lump sum profit from sales. The company said in a notice to the stock market on Thursday that its net profit was Rs 3845 crore in the January-March 2025 quarter. He had a profit of just Rs 450.58 crore in the same quarter of a year ago.
Energy and airport business performed well
The Net Profit of Adani Enterprises was Rs 1313 crore after Wilmer’s stake was adjusting the outright profit from sales. The company received Rs 3286 crore from sales in Wilmer. The company’s solar and wind energy and airport business contributed to this strong performance. The March quarter increased by 73 percent and 44 percent respectively in the tax-pre-income (EBITDA) for both these businesses. Due to this, the company’s integrated tax-pre-income increased by 19 percent to Rs 4346 crore. The performance compensated the decline in the trading business due to the fall in coal prices and quantity, which is 38 percent less on an annual basis.
What did Gautam Adani say on the results
The net profit of Adani Enterprises increased to Rs 7099 crore throughout the financial year (2024-25), compared to Rs 7099 crore, compared to Rs 3240.78 crore in FY 2023-24. Adani Group Chairman Gautam Adani said on these results, “We are making business in Adani Enterprises that will lead the way for India’s infrastructure and energy sector. Our spectacular performance in FY 2024-25 is the direct result of our strength in the scale, speed and stability.”
Board recommends dividend for shareholders
Along with releasing financial results on 1 May, the company also announced the dividend. Adani Enterprises said that the board has recommended a dividend of Rs 1.30 (130 percent) for each share of Rs 1 face value for shareholders. However, the dividend will be paid only after getting the shareholders’ approval in the company’s AGM. On Wednesday, April 30, Adani Enterprises shares fell by Rs 33.25 (1.43%) on BSE at a price of Rs 2297.70.
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