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Adani Enterprises Q2 profit falls 55% despite 75% revenue jump

Adani Enterprises reported a 55% fall in consolidated net profit for the September quarter, even as revenue from operations rose 75% year-on-year to ₹37,216 crore. The decline was largely due to an exceptional gain booked a year earlier, along with a sharp rise in expenses. The company plans to invest ₹35,000-40,000 crore every year in airports and data centres.

Adani Enterprises Q2 profit falls 55% despite 75% revenue jump

This summary is based on reporting by Economic Times.

Read the full story at Economic Times