Adani Enterprises Q4 Results: Cons PAT was Rs 451 crore, down 38% year-on-year.

Adani Enterprises on Thursday reported a consolidated net profit of Rs 451 crore for the quarter ended March 2024, a 38 per cent year-on-year decline compared to Rs 722.48 crore posted by the company in the corresponding quarter of the last fiscal. year.

The company’s board of directors has recommended a dividend of ₹1.30 per share for the financial year 2023-24.

The Company has set Friday, June 14, 2024 as its record date.

Consolidated revenue from operations during the reporting quarter was Rs 29,180 crore, up 0.81% from Rs 28,944 crore reported in the same period last year.

As a result, consolidated profit after tax (PAT) declined by 76 per cent compared to Rs 1,888.45 crore reported in the third quarter of 2024, while revenue declined by 16.5 per cent compared to Rs 25,050 crore reported in the third quarter of 2024. More to come…