Adani Enterprises, flagship entity of Adani Group, on Thursday reported a 43.55 per cent surge in its June quarter profit, at Rs 673.93 crore for the financial year 2023-24 (Q1 FY24) as against Rs 469.46 crore in the corresponding period last year. The company’s total income, however, fell sharply on a year-on-year (YoY) basis. Total income, which includes revenue from operations and other income, came at Rs 25,809.94 crore in Q1 FY24, down 37.15 per cent from Rs 41,066.43 crore in the year-ago period.
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Shares of the company were last seen trading 2.06 per cent higher at Rs 2,524.20 today.
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