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Business News » Companies News

Adani Enterprises' Q3 net profit up nearly 62% to Rs 339.96 crore

Adani Enterprises' net profit for the October to December quarter of FY17 increased by 61.72% to Rs 339.96 crore as against Rs 210.22 crore in the October to December quarter of FY16.

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Adani Enterprises' Q3 net profit up nearly 62% to Rs 339.96 crore
Its total income from operations during the quarter under review rose by 8.99% to Rs 8,605.81 crore as compared to Rs 7,895.43 crore in the corresponding quarter of previous fiscal. Representational Image. Image Source: IANS
Written By: Tejal Yerunkar
Updated: Tue, Feb 14, 2017
06:32 pm
Mumbai , ZeeBiz WebDesk
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Highlights:

1. The company's net profit for the October to December quarter of FY17 increased by 61.72% to Rs 339.96 crore as against Rs 210.22 crore in the October to December quarter of FY16

2. Its total income from operations during the quarter under review rose by 8.99% to Rs 8,605.81 crore as compared to Rs 7,895.43 crore in the corresponding quarter of previous fiscal

Adani Enterprises on Tuesday reported nearly 62% rise in the consolidated net profit for the third quarter (Q3) of the fiscal year 2016-17 (FY17) ended on December 31 last year.

"The company's net profit for the October to December quarter increased by 61.72% to Rs 339.96 crore as against Rs 210.22 crore in the October to December quarter of FY16," cited Adani Enterprises in a filing to the BSE. 

Its total income from operations during the quarter under review rose by 8.99% to Rs 8,605.81 crore as compared to Rs 7,895.43 crore in the corresponding quarter of previous fiscal. 

The company's total expenses during the period rose by 9.21% to Rs 8,262.90 crore as against Rs 7,566.44 crore in the similar period of last fiscal.

ALSO READ: Adani Ports' Q3 net up 26%; to issue NCDs worth Rs 1170 crore

Adani Enterprises is firm of Adani Group and has business interests in agro, mine development and operations, renewable energy, city gas distribution and overseas mining. 

See LIVE stock updates of Adani Enterprises here- 

On Tuesday, the stock of Adani Enterprises closed down 0.93% or Rs 0.85 at Rs 90.80 on the BSE.

ALSO READ: Adani Enterprises consolidated net profit remains flat at Rs 364 crore

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TAGS:
Adani Enterprises Q3 net profitEnergyInfrastructureAdani EnterprisesAdani Enterprises Q3 resultsAdani Enterprises Q3 earningsBSEAdani Grouptotal income from operationstotal expensesconsolidated net profitQ3adani enterprises stock
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