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Adani Enterprises' Q4 net profit up 47% at Rs 266 cr on energy biz volumes

Board of Directors of AEL recommended a dividend of Rs 0.40 per equity share for the financial year 2018-19

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File photo of Gautam Adani

Vinay Umarji Ahmedabad
Adani Enterprises Limited (AEL) posted a consolidated net profit of Rs 266 crore for the quarter ended March 31, 2019 (Q4), a rise of 46.9 per cent from Rs 181 crore in the year ago period, on the back of growth in volumes of coal mine developer-cum-operator (MDO), integrated coal manufacturing (ICM) and solar manufacturing segments. 

The total consolidated income in Q4FY19 stood at Rs 13,473 crore, compared to Rs 10,548 crore in the year ago period. "The figures for the quarter ended March 31, 2019 and March 31, 2018 represent the difference between the audited figures in respect of

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First Published: May 29 2019 | 6:57 PM IST

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