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Adani Enterprises Q1 net rises 36% at Rs 127 cr

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Press Trust of India Mumbai

Gautam Adani-led Adani Enterprises today posted an over 36 per cent rise in its consolidated net profit to Rs 127.67 crore for the first quarter ended June 30.

The consolidated total income of the company also rose to Rs 6,389.61 crore during the April-June period of the current financial year from Rs 5,051.80 crore in the same quarter last year, the company said in a filing to the Bombay Stock Exchange.

On a standalone basis, the company registered a net profit of Rs 78.73 crore during the latest quarter of FY10, up by over 17 per cent.

Shares of Adani Enterprises today closed at Rs 827.10, down 0.70 per cent from its previous close on the BSE.

 

Adani Enterprises is a part of the Adani Group, which has presence in diversified fields including ports, power and logistics.

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First Published: Jul 30 2009 | 8:25 PM IST

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