Adani Enterprises Q1 Revenue Surges 223 Per Cent To Rs 41,066 Crore
NDTV
The company's EBIDTA jumped by 107 per cent to Rs 1,965 crore due to full consolidation of airports business and improved realisations in IRM business.
Adani Enterprises Ltd (AEL), part of Adani Group, on Thursday said its consolidated revenue surged by 223 per cent year-on-year to Rs 41,066 crore for the quarter ended June 30, 2022, on the back of strong performance by integrated resources management (IRM) and airport business.
The company's EBIDTA jumped by 107 per cent to Rs 1,965 crore due to full consolidation of airports business and improved realisations in IRM business.
The company's attributable profit after tax (PAT) increased by 73 per cent to Rs 469 crore in the first quarter of the current financial year in line with EBIDTA.
"While our diversified growth is reflected across our range of businesses, Adani Enterprises continues to prove itself as one of the world's most successful multi-industry incubators," Gautam Adani, Chairman of Adani Group, said in a statement.
