- Adani Enterprises, a flagship company of the Adani Group, reported strong financial results for the first quarter of FY25.
- The company’s net profit rose to ₹1,455 crore, a 116% increase from ₹674 crore in the same period last year.
- Revenue grew by 13% to ₹25,472 crore, compared to ₹22,644 crore a year ago.
- EBITDA surged 47% to ₹3,705 crore, up from ₹2,525 crore, with an improvement in EBITDA margin from 11.1% to 14.6%.
Company Background:
Adani Enterprises is the incubator business of the Adani Group, one of India’s largest conglomerates with diversified interests across energy, resources, logistics, agribusiness, real estate, financial services, and defense. The company plays a key role in nurturing new businesses for the group, having successfully incubated a number of critical ventures such as Adani Ports and SEZ, Adani Power, Adani Green Energy, and Adani Gas.
- In line with its strategy of creating separate entities to focus on distinct business sectors, the board of Adani Enterprises has approved the demerger of its Food FMCG Business.
- This move is aimed at unlocking value and allowing the food and FMCG division to operate as a standalone entity, focused on capturing growth opportunities in the sector.
- The demerger reflects the company’s commitment to streamline its operations and enhance shareholder value by concentrating on its core competencies and growth areas.
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