Adani Enterprises Ltd Posts 116 pc Net Profit Growth At Rs 1,458 Crore In Q1

Adani Enterprises Ltd (AEL) reported a significant net profit of Rs 1,458 crore for the April-June quarter, marking a remarkable 116% increase compared to the same period last fiscal year.

The flagship company of the Adani Group achieved a total income of Rs 26,067 crore, up 13% from Rs 23,016 crore in Q1 FY24. Consolidated EBITDA rose by 48% to Rs 4,300 crore.

The core infrastructure businesses under the Adani New Industries Ltd (ANIL) ecosystem, including airports and roads, have shown notable operational improvements. These sectors’ contribution to the overall EBITDA climbed to 62% in Q1 FY25, up from 45% in Q1 FY24.

Gautam Adani, Chairman of the Adani Group, highlighted that AEL is enhancing its role as a leading business incubator and a global benchmark in infrastructure development. He attributed the substantial EBITDA growth to the strong performance of ANIL, airport operations, and road construction.

The solar manufacturing and wind turbine divisions reported their highest-ever EBITDA of Rs 1,642 crore, a 3.6-fold increase year-on-year, contributing 38% to the total EBITDA. This achievement reflects the robust operational performance in these sectors.

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Adani also noted that air passenger movement surpassed 90 million over the trailing 12 months. During the quarter, the company introduced eight new routes, six new airlines, and 13 new flights.

In terms of infrastructure, AEL completed a record 730 lane-km of construction this quarter. The Ganga Expressway construction has reached the halfway mark, with three of the ten ongoing projects now over 80% complete.

In solar manufacturing, module sales surged by 125% year-on-year to 1,379 MW. Export sales increased by 109%, while domestic sales rose by 151%.