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Adani Enterprises Ltd Q1FY22 consolidated net profit climbs to Rs. 271.46 crores



Posted On : 2021-08-03 21:16:55( TIMEZONE : IST )

Adani Enterprises Ltd Q1FY22 consolidated net profit climbs to Rs. 271.46 crores

Adani Enterprises Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.12730.63 crores during the period ended June 30, 2021 as compared to Rs.13688.95 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.271.46 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.233.95 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.2.47 for the period ended June 30, 2021 as compared to Rs.2.13 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 12730.63 crs₹ 13688.95 crsDown Tick -7%
Net Profit₹ 271.46 crs₹ 233.95 crsUp Tick 16.03%
EPS₹ 2.47₹ 2.13Up Tick 15.96%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.12730.63 crores during the period ended June 30, 2021 as compared to Rs.5502.02 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.271.46 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.29.79 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.2.47 for the period ended June 30, 2021 as compared to Rs.0.27 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 12730.63 crs₹ 5502.02 crsUp Tick 131.38%
Net Profit₹ 271.46 crs₹ 29.79 crsUp Tick 811.25%
EPS₹ 2.47₹ 0.27Up Tick 814.81%

"AEL has always been the incubation engine of the Adani Group and our creation of several new businesses continues to accelerate," said Mr. Gautam Adani, Chairman of the Adani Group. "AEL's existing businesses are stronger than they have ever been and this year we have successfully anchored ourselves in several new businesses critical to a strong Atmanirbhar Bharat. These include airport ecosystems, data centres, and advanced road and water infrastructure. I see an exciting journey ahead given every one of these sectors possesses multiple adjacencies to our existing businesses. Our results demonstrate that this purposeful model is working for us and we will continue to strengthen on all fronts to deliver greater shareholder value."

Shares of Adani Enterprises Ltd. was last trading in BSE at Rs. 1444.2 as compared to the previous close of Rs. 1437.25. The total number of shares traded during the day was 205356 in over 8673 trades.

The stock hit an intraday high of Rs. 1470 and intraday low of 1422.6. The net turnover during the day was Rs. 296111730.

Source : Equity Bulls

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