Adani Enterprises shines on reporting 2- fold jump in Q2 consolidated net profit
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Adani Enterprises is currently trading at Rs. 3810.00, up by 218.90 points or 6.10% from its previous closing of Rs. 3591.10 on the BSE.
The scrip opened at Rs. 3630.00 and has touched a high and low of Rs. 3829.15 and Rs. 3566.20 respectively. So far 238820 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3883.70 on 20-Sep-2022 and a 52 week low of Rs. 1483.20 on 04-Nov-2021.
Last one week high and low of the scrip stood at Rs. 3829.15 and Rs. 3327.10 respectively. The current market cap of the company is Rs. 427072.92 crore.
The promoters holding in the company stood at 72.63%, while Institutions and Non-Institutions held 20.92% and 6.45% respectively.
Adani Enterprises has reported results for second quarter ended September 30, 2022.
The company has reported a rise of 71.43% in its net profit at Rs 469.20 crore for the quarter under review as compared to Rs 273.70 crore for the same quarter in the previous year. Total income of the company reported 4 - fold jump at Rs 22437.45 crore for Q2FY23 as compared Rs 5096.11 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 2- fold jump in its net profit at Rs 432.30 crore for the quarter under review as compared to Rs 194.54 crore for the same quarter in the previous year. Total income of the company reported over 2- fold jump at Rs 38441.46 crore for Q2FY23 as compared Rs 13597.10 crore for the corresponding quarter previous year.
