Adani Enterprises Q4 FY25 Profit Up By 756% YoY At Rs 3,845 crore
The increased profitability was led by an exceptional gain of Rs 3,286 crore from the sale of a 13.5% stake in Adani Wilmar Ltd (AWL), according to the company statement.
The increased profitability was led by an exceptional gain of Rs 3,286 crore from the sale of a 13.5% stake in Adani Wilmar Ltd (AWL), according to the company statement.
Data showed the demand for the FPO was led by non-institutional investors, and they subscribed to the shares 3.26 times.
AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, announced the opening of 'Chennai 1' hyperscale data centre campus located at SIPCOT IT Park in Chennai, India.
Adani Data Networks Ltd (ADNL), a unit of Adani Enterprises Ltd has been granted a unified license for access services, which enables it to provide all telecom services in the country, according to official sources. Sources said that the department of telecom has given Adani Data Networks a unified license in six circles.
Budaun Hardoi Road Private Ltd (BHRPL), Hardoi Unnao Road Private Ltd (HURPL) and Unnao Prayagraj Road Private Ltd (UPRPL) -- wholly owned subsidiaries of Adani Enterprises Ltd (AEL) -- have achieved Financial Closure for the access-controlled six lane (expandable to eight lane) greenfield Ganga Expressway Project (Group-II, III & IV) in Uttar Pradesh (UP) respectively on DBFOT (Toll) basis under PPP mode.
Flagship Adani Group company Adani Enterprises raised Rs 100 crore via Non-Convertible Debentures on a private placement basis. The said debentures will be listed on the wholesale debt market segment of BSE. The debentures have a face value of Rs 10 lakh each.
Adani Enterprises Ltd (AEL), part of the Adani Group, on Tuesday announced its results for the financial year and quarter ended March 31, 2022.
The AdaniConneX JV will focus on building a network of hyperscale data centers in India, starting with the Chennai, Navi Mumbai, Noida, Vizag and Hyderabad markets.
Company’s total expenses increased to Rs 11,303.97 crore during the quarter under review from Rs 10,635.16 crore in the same period previous fiscal.
Adani reported a consolidated net loss of Rs 10.06 crore during the same period last financial year (FY20).
