Adani Enterprises net profit up 73%, revenue up 225% to Rs 40,844 crore
April-June Quarterly Result: Adani Enterprises net profit up 73%, revenue up 225% to Rs 40,844 crore
Adani Enterprises on Thursday announced results for the June quarter. The company's net profit for the quarter stood at Rs 469 crore, up 73%. The company had posted a profit of Rs 271 crore in the same quarter a year ago. The company's consolidated revenue from operations grew by 225% to Rs 40,844 crore as against Rs 12,579 crore in Q1FY22.
Dabur has also released the results for the April-June quarter of the financial year 2022-23 today i.e. on August 04. In the first quarter of the financial year 2022-23 ended June 30, 2022, there has been a marginal increase in the company's profit. The company's profit in the first quarter grew by 0.6% to Rs 441 crore as compared to Rs 438.3 crore in the first quarter of the previous financial year.
The company's income grew by 8.1% to Rs 2,822 crore in the April-June quarter as against Rs 2,611.5 crore in the first quarter of the previous financial year. Talking about Dabur's stock, today it has seen great growth. Today it has climbed from Rs 4.80 (0.84%) to Rs 574.60. At the same time, it has increased by 8.27% in the last 1 month.
Britannia Industry reported a 14% year-on-year decline in profit for the April-June quarter and stood at Rs 336 crore. The company's profit on a quarterly basis has seen a decline of 11.6%. In this quarter, the company's earnings have seen a growth of 8.7% on a yearly basis and it has been Rs 3,701 crore. At the same time, the company's earnings have seen a growth of 4.2% on a quarterly basis.