Shares of Adani Enterprises rose 3% on the National Stock Exchange to hit the intraday high at Rs 2,372.40, after the company reported an over eight times increase in the consolidated net profit for the March quarter.
However, the flagship company of the Adani group booked a 7.6% on-year fall in the consolidated revenue. The company has posted a deceptively stronger picture, as its net profit mainly came on the back of an Rs 3,945.73 crore one-off gain. Adani Enterprises received Rs 3,286.22 crore as net proceeds after it sold its stake in Adani Wilmar.
If one excludes the exceptional gain from the picture, the company has made a loss of Rs 100.82 crore on a consolidated basis.
For the entire financial year that ended on March 2025, consolidated net profit over doubled on year. Revenue, meanwhile, grew marginally by 2% year-on-year. Expenses for the year also grew marginally The conglomerate’s board of directors also recommended a dividend of Rs 1.30 per fully paid equity share.
"At Adani Enterprises, we are building businesses that will define the way forward for India's infrastructure and energy sector," the company’s press release quoted Gautam Adani, chairman of the Adani group, as saying. "Our robust performance in FY25 is a direct outcome of our strengths in scale, speed and sustainability. Impressive growth across our incubating businesses reflects the power of disciplined execution, future-focused investments and a commitment to operational excellence, innovation and sustainability."
The stock is currently, 37% down from its 52-week high mark, whereas it is 17% up from its 52-week low mark. So far in 2025, the stock has risen over 6% on the NSE. It has lost 22% in the last one year.