Adani Enterprises shares tumble 5% as Q3 profit nearly evaporated, plunging 97%
- Posted on January 30, 2025
- By Business News Today
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Adani Enterprises shares tumble 5% as Q3 profit nearly evaporated, plunging 97%
Adani Enterprises' stock dropped 5% after reporting a 97% YoY profit decline in Q3 FY25 to ₹58 crore. Revenue fell 9% to ₹22,848 crore, while EBITDA dropped 5%. Despite weak quarterly results, nine-month revenue and PAT showed growth.