Adani Enterprises Q3 net profit rises 96x to Rs 5,627 crore on one-time gain, revenue up 8%

Adani Enterprises Q3 net profit rises.

• Adani Enterprises Q3 profit jumps to Rs 5,627 crore, driven by one-time gain.
• Revenue rises 8.6 percent YoY to Rs 24,820 crore in December quarter.
• Shares surge nearly 12 percent after India-US trade agreement boosts sentiment.

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Adani Enterprises, the flagship company of Adani Group, on Tuesday reported a 96x jump in profit in the December quarter, mainly because of a one-time gain of Rs 5,632 crore from a partial stake sale in its consumer goods venture with Singapore’s Wilmar.

Consolidated net profit was reported at Rs 5,627 crore in October-December period, attributable to owners of the company -- the third quarter of the 2025-26 financial year -- compared with Rs 58 crore earnings in the same period a year back, according to a company statement. The gains in its airport and renewable energy divisions helped counter weak demand in its mainstay coal trading segment.

The revenue was up 8.6 percent at Rs 24,820 crore in the quarter under review. The top line came in at Rs 22,848 crore in the same quarter a year ago.

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was up 18.6 percent at Rs 3,641 crore in the December quarter of FY26. It was reported at Rs 3,070 crore in the December quarter of the previous fiscal. The margin was up YoY at 14.7 percent from 13.4 percent.

Gautam Adani, Chairman of the Adani Group, said "The commencement of operations at the Navi Mumbai International Airport represents a landmark achievement, reinforcing our commitment to building nationally critical assets at scale and speed. Our continued progress across airports, renewable manufacturing, data centres and transport infrastructure, alongside strong capital market support through our successful rights issue and NCD offerings, positions us well to accelerate the next phase of growth."

Power generation in the third quarter was nearly flat from a year earlier as weak output in October and November was offset by a rebound in December on higher heating demand, Elara Capital analysts said.

The ports-to-power conglomerate’s coal trading arm, its largest segment contributing nearly 30 percent of revenue, fell 22.5 percent. Coal-fired power, which once supplied about three-quarters of India’s electricity, has been losing share as renewables expand.

Shares of Adani Enterprises were trading 10 percent higher at Rs 2,198.6 per share on the NSE at around 3:10 pm.

Adani Group shares rallied sharply on Tuesday, rising up to 12 percent, amid broad-based buying in the equity market after India and the US reached a trade agreement under which Washington will lower reciprocal tariffs on Indian goods to 18 percent.

Adani Enterprises emerged as the top gainer in the benchmark Nifty50 pack, climbing 11.93 percent to an intraday high of Rs 2,233.40. The stock opened gap-up, gaining 7.75 percent. It has risen for the second straight session and is up about 14 percent over the past two days.

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