Adani Enterprises - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On Adani Enterprises - 4QFY21 Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
For Q4FY21, Adani Enterprises Ltd (AEL)’s consolidated net sales grew flat to Rs13,689cr. During the quarter, consolidated EBITDA stood at ~Rs1,068cr and EBITDA margins (at 7.8%) improved by 308 bps due to lower other expenditures. Consolidated Net Profit for the quarter was Rs234cr, up 284% vs year ago due to strong operating performance. Overall 4QFY21, in-results with expectation.
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