Quarter jumped 117 per cent year-on-year (YoY) to Rs 461 crore Rs 20 crore in the corresponding quarter last year.
Consolidated total income for the quarter surged 183per cent YoY to Rs 38,441 crore compared with Rs 13,597 crore in the same quarter last years. The top line growth was led by a strong show at IRM and Airport business, the company said. Ebitda for the quarter rose 69 percent to Rs 2,136 crore, the Adani Group flagship side in a BSE filling.
Among established business, Primary Industries IRM reported a 126 percent YoY jump in Ebitda Rs 1, 112 crore compared with Rs 422 crore YoY, thanks to a 66 percent rise in volumes and improved prices. Ebitda for Primary Industries fell to Rs 208 crore from Rs 250 crore and Adani New Industries Supply Chain Ecosystem to Rs crore from Rs 8 crore. Incubating business of transport and logistics airports reported an Ebitda of Rs crore.
Group Chairman Goutam Adani said. "Adani Enterprises has again validated its standing as India's most successful new business incubator as continues to build on exciting ideas strategically aligned with the diverse strengths of the Adani portfolio of companies."
Adani said Adani Enterprises accelerating pace of business incubation and remarkably consistent success demonstrates the robustness of the Adani Group's fundamental approach to value creations, a it transforms sector after sector through digitisation, innovation in technology and greater emphasis on equitable energy transition.
"We continue to believe ever firmly in the India growth story and remain committed to our core philosophy of nation building through the development of advanced, efficient and world class infrastructure that delivers increasing share holder value' "it said.
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