Adani Enterprises has reported a remarkable financial performance for the first quarter of FY25, with net profit soaring by 116% to ₹1,455 crore, up from ₹674 crore in the same period last year. Revenue from operations also saw a robust increase, climbing 12.5% year-on-year to ₹25,472 crore.

The company’s operating margin improved significantly, rising to 12.18% from 9.92% in the previous year’s quarter. A standout contributor to this success was the ‘new energy ecosystem,’ which saw revenue more than double to ₹4,457 crore, compared to ₹1,918 crore a year ago.

In addition to these financial gains, Adani Enterprises announced a strategic move: it will transfer its entire food FMCG business, including all related activities, assets, and liabilities, to Adani Wilmar. This shift is expected to streamline operations and focus resources on core business areas.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts