Stock market today: Adani Enterprises share price jumps 5% after Q2 results 2024
Stock market today: Adani Enterprises share price jumped nearly 5% on Wednesday after the company reported its Q2 results. Adani Enterprises shares gained as much as 4.98% to ₹2,980.60 apiece on the BSE.
Adani Enterprises, the flagship company of Adani Group, reported a 664% jump in its consolidated net profit at ₹1,742 crore for the quarter ended September 2024, compared to ₹228 crore in the same period last fiscal year.
Adani Enterprises Q2 results 2024
The company’s operational revenue in Q2FY25 increased 16% to ₹22,608 crore from ₹19,546 crore, year-on-year (YoY).
EBITDA during the September quarter rose by 46% YoY to ₹4,354 crore, led by the sustained strong operational performance of the Adani New Industries Ltd…
