ADANIENT

Adani Enterprises, the flagship firm of the Gautam Adani-led group, reported its financial results for the March quarter and the full year ended March 31, posting a consolidated net loss of ₹221 crore for Q4. The decline in profitability was mainly due to weak performance in its coal trading business and higher depreciation costs on newly commissioned assets such as the Navi Mumbai project and copper plant, which offset strong growth in the airport and data centre segments. This is in contrast to the same quarter last year, when the company had recorded a net profit of ₹3,903 crore, largely supported by a one-time gain from the stake sale in its joint venture with Wilmar International. During the quarter, operating expenses rose significantly to ₹32,458 crore from ₹26,288 crore a year ago, while revenue from operations increased 20% year-on-year to ₹32,439 crore. Segment-wise, the integrated resources management business saw revenue decline to ₹6,862 crore from ₹10,170 crore, while mining services remained stable at ₹1,262 crore and commercial mining dropped to ₹1,177 crore. On the positive side, airport operations showed steady growth, generating ₹3,449 crore compared to ₹2,706 crore in the previous year. For the full financial year FY26, the company delivered a strong performance, with net profit rising 31.55% to ₹9,339 crore and total revenue reaching ₹100,468 crore.