Adani Enterprises Q1 net profit plunges 50% to Rs 734 crore; revenue slips 14%

Adani Enterprises Q1 FY26 Results

Adani Enterprises Ltd (AEL) on Thursday reported a sharp 50 percent year-on-year decline in consolidated net profit to Rs 734 crore for the quarter ended June 2025, hurt by a slowdown in trading volumes and lower index price realisations in its integrated resource management and commercial mining segments.

Consolidated revenue for the fiscal first quarter fell 14 percent year-on-year to Rs 22,437 crore, down from Rs 26,067 crore in the same quarter last year. Profit before tax dropped 34 percent to Rs 1,466 crore, while EBITDA declined 12 percent to Rs 3,786 crore.

Post results announcement, Adani Enterprise stock fell, and was trading down nearly 4% at Rs 2,434 on NSE in the afternoon session.

Despite the earnings pressure, the company said its incubating businesses -- such as airports, roads, and green hydrogen -- remained strong and contributed 74 percent to consolidated EBITDA during the quarter. EBITDA from these businesses rose 5 percent year-on-year to Rs 2,800 crore.

Among the standout performers, the airports business posted a 61 percent rise in EBITDA to Rs 1,094 crore, supported by improved passenger movement and higher non-aeronautical revenues. Adani New Industries (ANIL), however, saw a 26 percent fall in EBITDA to Rs 1,212 crore due to lower volumes and prices.

Chairman Gautam Adani said the strong EBITDA growth in incubating businesses validated AEL’s infrastructure incubation model. “With landmark assets like the Navi Mumbai International Airport, the Copper Plant, and the Ganga Expressway set to become operational, we are accelerating our mission to build next-generation infrastructure platforms,” he said.

During the quarter, passenger traffic at Adani Airports rose to 23.4 million from 22.8 million a year ago, while mining services dispatch volumes jumped 30 percent to 12.1 million tonnes.

Post-quarter, AEL exited part of its stake in Adani Wilmar through a block deal, raising Rs 3,700 crore, and signed a pact with the Wilmar group to divest the remaining 20 percent. It also raised Rs 1,000 crore via its second public issue of non-convertible debentures, which was fully subscribed within three hours.