New Delhi, July 31 (UNI) Adani Enterprises Limited witnessed a major decline of about 50 per cent in its consolidated net profit, which came at Rs 734.41 crore for the first quarter of the financial year 2025-26.
At the same time last year, the profit was Rs 1,454.50 crore. This fallback is due to externalities, including a slowdown in trading volumes and lower index price realization.
Reportedly, there is a major drop in its mainstay coal trading division, which measured almost a 4 per cent fall in shares. The company pointed out a major hit in earnings within the Integrated Resource Management (IRM) business, along with the sustained pressure on its commercial mining division.
Adani’s major stronghold, which is its coal segment, witnesses a continued weakness in the overall quarter, subjected to lower coal-fired electricity demand in the country. Experts pointed out that the earlier-than-expected monsoon was behind this overall decline in coal demand.
The coal giant has also been expanding its new energy business, which will also include solar manufacturing and wind turbines. Despite the sharp decline in profits, there is optimistic news regarding its incubating businesses, including airports, roads, and green hydrogen, which remained strong and contributed to the divisional growth in the quarter.
