Adani Enterprises Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Adani Enterprises Ltd reported a 1.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 18.5%.
- Its expenses for the quarter were up by 10.3% QoQ and down 13.4% YoY.
- The net profit decreased 88.5% QoQ and decreased 88.4% YoY.
- The earnings per share (EPS) of Adani Enterprises Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 23500.54 | 23196.18 | 28826.53 | 1.3% | -18.5% |
Total Expenses | 22924.98 | 20787.29 | 26465.71 | 10.3% | -13.4% |
Profit Before Tax | 575.56 | 2408.89 | 2360.82 | -76.1% | -75.6% |
Tax | 588.44 | 512.37 | 443.15 | 14.8% | 32.8% |
Profit After Tax | 228.64 | 1989.19 | 1972.75 | -88.5% | -88.4% |
Earnings Per Share | 0.00 | 14.80 | 16.60 | -100.0% | -100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Adani Enterprises Ltd is a prominent Indian conglomerate with diverse business interests, primarily focused on sectors like energy, resources, logistics, agribusiness, and defense. The company plays a significant role in infrastructure development, including the production of thermal power and the operation of coal mines and ports. Recent developments in the company have shown a continuous expansion into renewable energy, aligning with global trends towards sustainable practices. Adani Enterprises is also involved in the development of solar power projects, which reflects its strategic shift towards cleaner energy sources. However, specific recent developments within the last quarter are not detailed in the data provided.
Revenue
For the third quarter of fiscal year 2025, Adani Enterprises Ltd reported a total income of ₹23,500.54 crores. This represents a quarter-over-quarter increase of 1.3% compared to the ₹23,196.18 crores earned in the second quarter of fiscal year 2025. However, when compared year-over-year, there is a notable decrease of 18.5% from the ₹28,826.53 crores reported in the same quarter of the previous year. This decline in total income over the year indicates a significant change in the company’s revenue generation during this period.
Profitability
The profitability metrics for Adani Enterprises Ltd in Q3FY25 reveal a profit before tax of ₹575.56 crores, reflecting a substantial decline of 76.1% from the previous quarter's ₹2,408.89 crores. Year-over-year, there was a similar decline of 75.6% from ₹2,360.82 crores recorded in Q3FY24. The tax expense for the quarter increased to ₹588.44 crores, up by 14.8% from the prior quarter and 32.8% year-over-year. Consequently, the profit after tax experienced a steep decline to ₹228.64 crores, down 88.5% from the previous quarter and 88.4% from the same quarter last year. Earnings per share fell to ₹0.00, compared to ₹14.80 in Q2FY25 and ₹16.60 in Q3FY24.
Operating Metrics
The total expenses for Adani Enterprises Ltd in Q3FY25 amounted to ₹22,924.98 crores, which is a 10.3% increase from the previous quarter’s ₹20,787.29 crores. Despite the quarterly increase, the year-over-year comparison shows a decrease of 13.4% from the ₹26,465.71 crores reported in Q3FY24. This indicates a change in the company’s expense management strategy or operational adjustments. The financial data indicates significant shifts in the company’s cost structure, which are not explicitly detailed in the provided data. The absence of other operating metrics in the data limits further operational analysis.
