Tag: Adani Enterprises Q1 profit

BENGALURU: Adani Enterprises on Thursday reported a 44% rise in first-quarter profit, as performance at its new energy division outpaced a weak growth in the key coal trading division.The company's consolidated profit rose to 6.74 billion rupees ($81.5 million) for the quarter ended June 30, from 4.69 billion rupees a year ago.The company's mainstay coal business posted a small 5% rise in earnings before interest, taxes, depreciation and amortization (EBITDA) at 10 billion rupees due to a fall in coal prices, while that of the Adani New Energy...