Adani Enterprises Q3 net profit slumps 97 per cent on tepid coal trading
BILLIONAIRE Gautam Adani’s flagship company Adani Enterprises Ltd on Thursday (30) reported a 97 per cent drop in the third quarter net profit as key coal trading volumes were hit. Net profit declined to ₹578.3 million (£5.37m) in October-December 2024 – the third quarter of April 2024 to March 2025 fiscal (FY25) – from ₹18.88 billion (£5.37m) a year ago, the company said in a statement.