On a consolidated basis, the net profit of Adani Enterprises zoomed 117 per cent to Rs 460.94 crore in the second quarter of FY23 as compared with Rs 212.41 crore posted in the second quarter of FY22. The net sales surged 188.8 per cent to Rs 38,175.23 crore in the second quarter of FY23 from Rs 13,218.02 crore recorded in Q2FY22.

• The 5 index signals smart traders watch before placing a single order
• Kwality Pharma Hits 52-Week High After Record FY26 Revenue
• Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge
• ZEEL Falls 6% After Q4 Swings to Net Loss on Ad Revenue Miss
• Overnight Stock Market Movements: Key Developments 

Total income surged 183 per cent to Rs 38,441.46 crore in the second quarter of FY23 from Rs 13,597.11 crore recorded in the second quarter of FY22. PBT soared to Rs 670.21 crore in the second quarter of FY23 compared to Rs 188.57 crore reported in Q2FY22. EBIDTA jumped 69 per cent to Rs 2,136 crores on performance by IRM. Adani Airports recorded 16.3 million passengers at 90 per cent of pre-covid level, 126,900 air traffic movements and 2 lakh metric tonnes (MT) cargo.

The subsidiary company Adani Enterprises (AEL) of Adani Group is the largest conglomerate business in  India. The investments are centred on airport management, roads, technology parks, water infrastructure and data centres. On the Bombay Stock Exchange (BSE), Adani Enterprises shares hit a high of 0.44 per cent to Rs 3,607.