Adani Enterprises Q2 net up 9% at Rs 553 cr

Adani Enterprises posted an 8.6% increase in net profit at Rs 553 crore for the quarter ended September 2011. In the same period a year ago, the company's net profit was Rs 509 crore.

Net sales jumped 75.3% to Rs 10,084 crore from Rs 5,752 crore in September 2010.

EBITDA zoomed 70.3% to Rs 1,528 crore in September 2011 as against Rs 897 crore in the same period a year ago.

During afternoon trade, Adani's stock price on BSE was up 1% at Rs 462