Adani Enterprises reports consolidated loss of Rs 65.67 cr in Q1

Adani Enterprises on Thursday reported a consolidated loss of Rs 65.67 crore for the first quarter ended June 30.

The Gautam Adani-led company had clocked a consolidated profit of Rs 570.14 crore in the corresponding quarter a year ago, the company said in a BSE filing.

Its consolidated total income for the quarter declined to Rs 5,502.02 crore, as against Rs 10,685.86 crore during the year-ago period.

The total expenses also fell to Rs 5,639.56 crore during the quarter under review, compared to Rs 10,243.74 crore in the same period previous fiscal.

"Consolidated PAT (profit after tax) attributable to owners at Rs 30 crores