HomeNewsBusinessEarningsAdani Enterprises sees robust volumes for rest of FY12

Adani Enterprises sees robust volumes for rest of FY12

Adani Enterprises came out with its earnings for the first quarter today. Income from operations for the quarter stood at Rs 9,596 crore, registered a growth of 63%.

August 10, 2011 / 17:59 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Adani Enterprises came out with its earnings for the first quarter today. Income from operations for the quarter stood at Rs 9,596 crore, registered a growth of 63%.


During the quarter Adani Enterprises profit rose by 1% to Rs 570 crore. 
The EBIDTA for the first quarter was up by 35% at Rs 1,168 crore. But the EBITDA margins were down at 13% mainly due to lower plant load factor in the power business.
However, speaking at a press conference, Devang Desai, ED, AEL and CFO of Adani Group said, the EBITDA growth has been very satisfactory.
"The PAT is reasonable compared to interest in depreciation charges that have been put this year," he said adding, "
first published: Aug 10, 2011 04:58 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!