Adani Enterprises announces its Q1 financial results, reporting an EBITDA of Rs 5,642 crore, described by the company as its highest-ever for a quarter. The filing states that EBITDA rises 49% year-on-year. The statement attributes the increase in part to Adani Airports, whose EBITDA grows 49% year-on-year to Rs 1,633 crore. For the quarter, the company reports profit before tax (PBT) at Rs 1,295 crore, while noting that this figure excludes an OFAC settlement of Rs 2,644 crore. The same reporting also states that total income exceeds Rs 33,000 crore for the quarter. Across the available coverage from NDTV, the focus remains on the EBITDA and the year-on-year growth, along with the reported figures for PBT and total income, and the separate treatment of the OFAC settlement amount in the PBT calculation.
Adani Enterprises reports highest-ever quarterly EBITDA of Rs 5,642 crore
Adani Enterprises announces its Q1 financial results, reporting an EBITDA of Rs 5,642 crore, described by the company as its highest-ever for a quarter. The filing states that EBITDA rises 49% year-on...
- Adani Enterprises reports Q1 EBITDA of Rs 5,642 crore, described as its highest-ever quarterly figure.
- EBITDA increases 49% year-on-year.
- Adani Airports contributes an EBITDA of Rs 1,633 crore, also up 49% year-on-year.
- Profit before tax is reported at Rs 1,295 crore, excluding an OFAC settlement of Rs 2,644 crore.
- Total income for the quarter exceeds Rs 33,000 crore.
Adani Enterprises' Ebitda saw a 49% rise to Rs 5,642 crore.
4 hours agoProfit before tax (PBT) stood at Rs 1,295 crore (excluding OFAC settlement of Rs 2,644 crore) for the quarter as Adani Airports EBITDA increased by 49 per cent YoY to Rs 1,633 crore, the flagship Adani Group company said in a statement.
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