Adani Enterprises Q1FY24 Results: Consolidated PAT of Rs. 673.93 Cr

Adani Enterprises Q1FY24 Results: Consolidated PAT of Rs. 673.93 Cr

Adani Enterprises Q1 results show revenue fell from 31716.40 crores to 25809.94 crores, a -18.62% decrease in growth. EPS down from ₹6.34 to ₹5.91, down by -6.78%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Adani Enterprises shared its Q1 results on Thursday. They earned 25809.94 crores in revenue this quarter, but that’s less than the 31716.40 crores they made last quarter. Unfortunately, the company’s growth decreased by -18.62 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 673.93 crores, down from 722.48 crores in the previous quarter. Their quarter-to-quarter growth decreased by -6.72 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹5.91, which is a decrease of -6.78% from the ₹6.34 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 25809.94 crores this year (2023), which is -37.15 percent lower than last year’s total revenue of 41066.43 crores.

This year’s PAT (Profit After Tax) is 673.93 crores, which is also 43.55% higher than last year’s PAT of 469.46 crores.

The EPS (Earnings Per Share) for this year is ₹5.91, which is 41.39% more than the EPS of ₹4.18 earned last year.

Also Read: Blue Star Q1FY24 Results: Consolidated PAT Drops to Rs. 83.35 Cr

Adani Enterprises Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

Adani Enterprises:

Adani Enterprises Limited currently concentrates on various businesses, including airports, roads, water management, data centers, solar manufacturing, defense and aerospace, edible oils and foods, mining, integrated resource solutions, and integrated agri products.

Download the Full PDF of Adani Enterprises Q1 Results: Click Here

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