Adani Enterprises Q1FY23 Results: PAT grew 54.26% to ₹469.4 Cr QOQ and 72.9% YoY, Income surges 63.34% to ₹41,066.4 Cr QOQ and 223% YoY

Adani New Industries Supply Chain Ecosystem – Achieved sales volume of 264 MW • Adani Airports Holdings Ltd (AAHL - Airports) – Pax movements up 35% to 16.6 Mn across seven airports • Primary Industries Mining Services – Production volume up 71% to 8.1 MMT • Primary Industries IRM – Volume up 52% to 26.7 MMT Financial Highlights Q1 FY23 (Consolidated) (YoY Basis): • EBIDTA increased by 107% to Rs. 1,965 Cr • Attributable PAT increased by 73% to Rs. 469 Cr

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Adani Enterprises Ltd is presently focused on businesses related to airports, roads, water management, data centers, solar manufacturing, defence and aerospace, edible oils and foods, mining, integrated resource solutions and integrated agri products.

Adani Enterprises has posted its Q1FY23 financial results today, the details are as below :

(I) Unaudited Consolidated Financial Results for Quarter Ended (QOQ comparison):

The company has reported, a consolidated Total Income of ₹41,066.43 crore in the quarter ended on June 30, 2022 as against ₹25,141.56 crore in the last quarter ended on Mar 31, 2022, increased by 63.34%.

Adani Enterprises Q1 FY23 result shows a consolidated Net Profit of ₹ 469.46 crore the quarter ended on March 31, 2022 as against ₹304.32 crore in the previous quarter ended on June 30, 2022. The PAT surges up by 54.26%.

The status of the EPS of the company stood at ₹4.18 as on March 31, 2022 compared to the previous quarter ended on June, 2022 which was ₹2.77, up by 50.90%.

₹*June 30, 2022 (Q1FY23)Mar 31, 2022 (Q4FY22)
Total Income41,066.4325,141.56
Total Expenses40433.9624673.25
PBT /(Loss)632.47468.31
Total Tax /(credit)221.74213.30
PAT /(Loss) [to the owners]469.46304.32
*figures are in Crores

(II) Unaudited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹41,066.43 crore in the financial year ended on June 30, 2022 as against ₹12,730.63 crore for the same quarter ended on last year June 30, 2021 that increased by 222.58%.

The company has posted a consolidated Net Profit of ₹469.46 crore in the financial year ended on June 30, 2022 as against ₹ 271.46 crore for the same quarter ended on last year June 30, 2021. The PAT surges up by 72.93%.

The status of the EPS of the company stood at ₹4.18 as on June 30, 2022 compared to the quarter ended on last year June 30, 2021 which was ₹2.47, up by 69.23%.

₹*June 30, 2022 (Q1FY23)June 30, 2021 (Q1FY22)
Total Income41,066.4312,730.63
Total Expenses40433.9612351.09
PBT /(Loss)636.47379.54
Total Tax /(credit)221.74182.76
PAT /(Loss) [to the owners]469.46271.46
*figures are in Crores
Gautam Adani

(III) Key Highlights about the Performance :

Adani Enterprises Q1 FY23 Results – Company Portfolio
  • Consolidated Revenue increased by 223% to Rs. 41066 Cr
  • Consolidated EBIDTA increased by 107% to Rs. 1,965 Cr
  • TotalEnergies to invest at 25% stake in Adani New Industries Limited (ANIL)
  • Completed Rs. 7700 Cr primary equity transaction with IHC
  • Achieved financial closure of KCL Project for Rs. 6,071 Cr

Operational Highlights (YoY Basis):
• Adani New Industries Supply Chain Ecosystem – Achieved sales volume of 264 MW
• Adani Airports Holdings Ltd (AAHL – Airports) – Pax movements up 35% to 16.6 Mn across seven airports
• Primary Industries Mining Services – Production volume up 71% to 8.1 MMT
• Primary Industries IRM – Volume up 52% to 26.7 MMT Financial Highlights Q1 FY23 (Consolidated) (YoY Basis):
• EBIDTA increased by 107% to Rs. 1,965 Cr

Adani Enterprises Q1 FY23 Results

Updates in Incubating Businesses

  1. Adani Airports Holdings Ltd (AAHL – Airports)
    • During the quarter, Adani Airports handled –
    • 16.6 Mn passengers
    • 126 k Air Traffic Movements
    • 2.3 Lacs MT Cargo
  2. Adani Road Transport Ltd (ARTL – Roads)
    • Provisional COD received for Bilaspur HAM Road project
  3. Construction activities has also started in Azhiyur Vengalam, Kodad Khammam, Badakumari
  • Adani New Industries Supply Chain Ecosystem
    • Module line trial run started for new 2.0 GW capacity plant & Cell line and comprehensive project expected COD by Q2 FY23.
    • Volume stood at 264 MW vs 271 MW Primary Industries (Mining Services)
  • • Mining Services production up by 72% to 8.1 MMT on YoY basis
    • Suliyari mining services made operational and started production

The stocks of Adani Enterprises Ltd last hit in BSE,

  • Intraday High of ₹ 2743.80
  • Intraday low of ₹ 2683.45