Adani Enterprises shares rose over 2 percent on Friday after the flagship company of the billionaire Gautam Adani's group, on Thursday reported a 7.5x jump in its fourth quarter net profit on the back of one-time gain from stake sale in consumer goods venture, and strong growth in solar manufacturing and airports.
The profit rise was helped by a Rs 3,286 crore gain made from the sale of stake in Wilmar. After adjusting for one-time gain from the Wilmar stake sale, the net profit came at Rs 1,313 crore.
The company reported net profit of Rs 3,845 crore in January-March - the fourth quarter of April 2024 to March 2025 fiscal year - compared with Rs 450.58 crore earnings in the same period a year back, according to a company statement.
Adani Enterprises Q4 Results: Net profit rises to Rs 3,845 crore, revenue falls 8%
"At Adani Enterprises, we are building businesses that will define the way forward for India's infrastructure and energy sector," said Gautam Adani, chairman of the Adani Group. "Our robust performance in FY25 is a direct outcome of our strengths in scale, speed and sustainability. Impressive growth across our incubating businesses reflects the power of disciplined execution, future-focused investments and a commitment to operational excellence, innovation and sustainability."
He said that as the company scales up its energy transition, airports, data centres and mining services, it is creating new market leaders that will drive India's growth story for decades to come.
The markets were shut on Thursday on account of Maharashtra Day. As the markets resumed on Friday, the shares of Adani Enterprises jumped 2.7 percent in early trade to quote a a high of Rs 2,364 per share on the NSE.
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