Adani Enterprises Ltd

Adani Enterprises announced that the Annual General Meeting(AGM) of the company will be held on 24 June 2025.Powered by Capital Market - Live

Adani Enterprises announced that the Board of Directors of the Company at its meeting held on 1 May 2025, inter alia, have recommended the final dividend of Rs 1.3 per equity Share (i.e. 130%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Adani Enterprises rose 753.32% to Rs 3844.91 crore in the quarter ended March 2025 as against Rs 450.58 crore during the previous quarter ended March 2024. Sales declined 7.59% to Rs 26965.86 crore in the quarter ended March 2025 as against Rs 29180.02 crore during the previous quarter ended March 2024. For the full year,net profit rose 119.05% to Rs 7099.00 crore in the year ended March 2025 as against Rs 3240.78 crore during the previous year ended March 2024. Sales rose 1.53% to Rs 97894.75 crore in the year ended March 2025 as against Rs 96420.98 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales26965.8629180.02 -8 97894.7596420.98 2 OPM %13.7610.95 -14.5611.80 - PBDT2549.412133.09 20 10744.348682.43 24 PBT1313.001321.62 -1 6533.015640.28 16 NP3844.91450.58 753 7099.003240.78 119 Powered by Capital Market - Live

Adani Enterprises will hold a meeting of the Board of Directors of the Company on 1 May 2025.Powered by Capital Market - Live

Adani Data Networks (ADNL), a wholly owned subsidiary of Adani Enterprises, has signed definitive agreements with Bharti Airtel and its subsidiary Bharti Hexacom to transfer the rights to use 400 MHz of spectrum in the 26 GHz band. The spectrum covers six telecom circles ' Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz) and Tamil Nadu (50 MHz). The closing of the transaction is subject to customary statutory approvals.Powered by Capital Market - Live

Adani Enterprise has received rating action from ICRA as under: Instrument  Amount (Rs crore)  Rating  Rating action  Non Convertible Debentures 3,000 [ICRA]AA- (Stable) Assigned  Commercial Paper          2,000 [ICRA]A1+ Assigned  Long Term - Fund Based - Term loan          1,367 [ICRA]AA- (Stable) Assigned  Long Term/Short Term - Fund Based/Non Fund Based - Working capital and bank facilities        14,893 [ICRA]AA- (Stable)/ [ICRA]A1+ Assigned  Short Term - Non Fund Based - Loan equivalent risk for hedging limit 240 [ICRA]A1+ Assigned Powered by Capital Market - Live

The intimation, along with the Certificate of Incorporation, was received by the company on 24 March 2025. The newly incorporated subsidiary will focus on the business of trading and supplying various components, equipment, and materials related to solar and wind manufacturing. This includes, but is not limited to, solar panels, inverters, wind turbines, blades, and other related equipment, as well as providing a range of associated services. The authorized and paid-up share capital of ANIOL is Rs 1,00,000, divided into 10,000 equity shares. Adani New Industries (ANIL) holds 100% of the share capital of ANIOL, which is yet to commence its business operations. Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure. The company's consolidated net profit tanked 96.93% to Rs 57.83 crore in Q3 FY25 as against Rs 1,888.45 crore reported in Q3 FY24. Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. The counter slipped 1.23% to Rs 2,340.50 on the BSE. Powered by Capital Market - Live

CIFZCO will be engaged in overseas trading as part of CVPL's business expansion. CVPL will hold 100% of the share capital of CIFZCO, with an issued share capital of AED 100,000, divided into 10,000 equity shares of AED 10 each. The company has been incorporated under the Dubai Integrated Economic Zones Authority in Dubai Silicon Oasis. However, CIFZCO has not yet commenced its business operations. The official announcement was made on 21 March 2025, after market hours. Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure. The company's consolidated net profit tanked 96.93% to Rs 57.83 crore in Q3 FY25 as against Rs 1,888.45 crore reported in Q3 FY24. Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. The counter rose 1.04% to end at Rs 2,363.30 on the BSE on Friday. Powered by Capital Market - Live

KEI Industries (down 13%), Polycab India (down 9%), Dynamic Cables (down 6%), Finolex Cables (down 3.8%) and Havells India (down 3.6%) slumped. Traders anticipate increased competition and potential market share loss due to Adani's entry into the sector. Adani Enterprises, through its subsidiary Kutch Copper, formed a 50/50 partnership with Praneetha Ventures to launch PEL. It will focus on manufacturing and distribution of metal products, cables, and wires. PEL, based in Ahmedabad, is newly incorporated with an authorized and paid-up share capital of Rs 10 lakh. Shares of Adani Enterprises were up 0.47% at Rs 2332. Powered by Capital Market - Live

Praneetha Ecocables (PEL) will focus on manufacturing, marketing, distribution, buying and selling of metal products, cables and wires. PEL is a newly incorporated company registered in Ahmedabad, India, and is yet to commence business operations. PEL has an authorized and paid-up share capital of Rs 10 lakh. Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure. The company's consolidated net profit tanked 96.93% to Rs 57.83 crore in Q3 FY25 as against Rs 1,888.45 crore reported in Q3 FY24. Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. Shares of Adani Enterprises shed 0.05% to Rs 2,320 on the BSE. Following the announcement, shares of other wire makers slumped on fears of increased competition. Shares of KEI Industries fell by 13.31%, Polycab India dropped 9.19%, Havells India saw a 3.85% decrease, and other peers like RR Kabel and Finolex Cables declined by 1.83% and 3.97%, respectively. Powered by Capital Market - Live