Adani Enterprises disclosed a substantial rise in consolidated net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 42.12% to Rs 2,988.60 million from Rs 2,102.90 million in the same quarter last year.
Revenues for the quarter declined 19.03% to Rs 113,898.60 million, compared with Rs 140,666.90 million for the prior year period.
Operating margin for the quarter stood at 3.00 percent as compared to 20.20 percent for the previous year period. Operating Income for the quarter was Rs 3,422.40 million, compared with Rs 28418.2 million in the previous year period.
Earnings per share for the quarter stood at Rs 2.72, registering 42.41% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Sep - 15 | Sep - 14 | %Change |
| Revenues | 113,898.60 | 140,666.90 | (19.03) |
| Net Profit | 2,988.60 | 2,102.90 | 42.12 |
| Diluted EPS | 2.72 | 1.91 | 42.41 |
Shares of the company declined Rs 3.8, or 4.12%, to settle at Rs 88.45. The total volume of shares traded was 640,893 at the BSE (Monday).
