2 weeks Ago
Adani Enterprises share price jumped nearly 5% on Wednesday after the company reported its Q2 results. Adani Enterprises shares gained as much as 4.98% to ₹ 2,980.
60 apiece on the BSE. Adani Enterprises , the flagship company of Adani Group, reported a 664% jump in its consolidated net profit at ₹ 1,742 crore for the quarter ended September 2024, compared to ₹ 228 crore in the same period last fiscal year. The company’s operational revenue in Q2FY25 increased 16% to ₹ 22,608 crore from ₹ 19,546 crore, year-on-year (YoY).
EBITDA during the September quarter rose by 46% YoY to ₹ 4,354 crore, led by the sustained strong operational performance of the Adani New Industries Ltd (ANIL) ecosystem and Airports. Adani Enterprises also announced plans to raise ₹ 2,000 crore through the issuance of non-convertible debentures (NCDs). According to the company, these NCDs will be offered in one or more tranches via a public issue.
At 12:05 PM, Adani Enterprises shares were trading 4.77% higher at ₹ 2,977.10 apiece on the BSE .
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