Adani Enterprises reported Q3 Results on February 14, 2023. The company reported its net profit for the December quarter of FY23 to Rs 820 crore vs Rs 12 crore loss YoY.

Adani Enterprises reported its Revenue from Operations up 42% YoY to Rs 26,612.20 crore from Rs 18,757.90 crore in Q3 FY22.

Adani Enterprises reported the new energy ecosystem business revenue more than doubled to Rs 1,427.40 crore.

Adani Enterprises reported its EBITDA zoomed 101% YoY to Rs 1,968 crore from Rs 979 crore in Q3 FY22.

The company reported its EBITDA margin improved to 6.1% YoY from 4.1% in Q3 FY22.

Adani Enterprises reported in the new energy vertical, the company saw solar modules' volume increase by 63% to 430 MW. In the mining business, production volume stood at 6.2 million tonnes.

Adani Enterprises reported a net Profit for the December quarter of FY23 zoomed to Rs 820 crore from a loss of Rs 11.63 crore in Q3FY22.

Adani Enterprises reported Integrated resource management business reported a 38% YoY growth in revenue to Rs 17,595 crore. 

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