Adani Power reports 22% rise in Q2 consolidated net profit

Adani Power has reported results for second quarter ended September 30, 2018. The company has reported net loss of Rs 1.31 crore for the quarter under review as against net profit of Rs 261.86 crore for the same quarter in the previous year. Total income of the company decreased by 36.60% at Rs 2,169.49 crore … Read more

Adani Enterprises reports around 3-fold jump in Q2 consolidated net profit

Adani Enterprises has reported results for second quarter ended September 30, 2018. The company has reported net loss of Rs 24.82 crore for the quarter under review as compared to net loss of Rs 16.40 crore for the same quarter in the previous year. However, total income of the company increased by 53.22% at Rs … Read more

Adani Ports reports 39% fall in Q2 consolidated net profit

Adani Ports and Special Economic Zone has reported results for second quarter ended September 30, 2018. The company has reported a marginal rise of 0.84% in its net profit at Rs 687.56 crore for the quarter under review as compared to Rs 681.85 crore for the same quarter in the previous year. Total income of … Read more

Adani Green Energy incorporates wholly-owned subsidiary company

Adani Green Energy has incorporated a wholly-owned subsidiary company Adani Wind Energy (TN) on October 15, 2018. The object of the acquisition is to undertake business of generation of electricity from renewable sources of energy. Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind. Bhupendra … Read more

Adani Enterprises’ arm incorporates wholly owned subsidiary

Adani Enterprises’ wholly owned subsidiary (WOS) — Adani Agri Logistics (AALL) — has incorporated a WOS namely, ‘Adani Agri Logistics (Darbhanga)’ (AALDL) on October 10, 2018. AALDL is yet to commence its business operations. AALDL is incorporated to develop, operate and maintain silos for storage of wheat at Darbhanga on DBFOO basis under PPP mode. … Read more

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