Adani Enterprises shares in focus after Q2 profit skyrockets 664% YoY to Rs 1,742 crore

  • Posted on October 30, 2024
  • By Business News Today
  • 1 Views
Adani Enterprises shares in focus after Q2 profit skyrockets 664% YoY to Rs 1,742 crore

Shares of Gautam Adani-led Adani Enterprises are in focus following a 664% YoY jump in consolidated net profit for the September quarter, reaching Rs 1,742 crore. Revenue from operations rose 16% to Rs 22,608 crore. Additionally, the board approved a Rs 2,000 crore fundraising plan through the issuance of Non-Convertible Debentures (NCDs) in one or more tranches.
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