Site icon Revoi.in

Adani Enterprises Ltd Q3 FY21 Results Consolidated EBIDTA increased by 6% to Rs. 939 Cr (YoY)

Social Share

Took over the operations, management, and development of Mangaluru, Lucknow, and Ahmedabad Airports during the quarter

 Shareholders value increased at CAGR of 105% in last 3 years*

Operational Highlights Q3 FY21 (YoY Basis) :

Financial Highlights Q3 FY 21 (Consolidated) (YoY Basis) :

Ahmedabad, February 3, 2021: Adani Enterprises Ltd, (AEL) part of the Adani Group, today announced its results for the third quarter ended December 31, 2020.

 * On account of demerger of renewable generation and city gas distribution businesses

 Financial Highlights Q3 FY21 (Consolidated) (YoY Basis) :

Mr. Gautam Adani, Chairman Adani Group, said, Adani Enterprises continued its journey towards laying the foundation for several new businesses that the Group is venturing into. These include Airports, Data Centers, Roads, and Water. The fact that Adani Enterprises was able to grow its Revenue and EBIDTA through a year of crisis is a reflection of the resilience of India’s economy as well as our confidence and commitment to continue to invest to build our nation’s infrastructure”

 Segment-wise Business Highlights (Q3 FY21) (YoY Basis):

  1. Mining Services

 * GP III mine commenced its operations in Q3 FY20

  1. Solar Manufacturing
  1. Agro
  1. Roads
  1. Airport Services

 About Adani Enterprises Ltd

Adani Enterprises Limited (AEL) is the flagship company of Adani Group, one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses, contributing to nation-building and divesting them into separate listed entities. Having successfully built unicorns like Adani Transmission, Adani Power, Adani Ports & SEZ, Adani Green Energy and the recently formed Adani Gas, the company has contributed significantly to make the country self-reliant with our current portfolio of robust businesses. The next-generation of its strategic business investments are centered on the fields of solar PV manufacturing, airport management, technology parks, and water infrastructure. Following these principles has led to very strong returns to our shareholders. A one-rupee investment in Adani Enterprises, which was the group’s first IPO in 1994, has returned over 800x.

(Sanket)