Adani Enterprises Limited — Important, 01-05-2025: Updates
01-05-2025 | 08:44 pm
01-05-2025 | 08:44 pm
Adani Enterprises has announced a board meeting to approve the financial results for the quarter and half-year. The Board proposed a dividend of ₹1.30 per share for FY 2024-25, pending shareholder approval. Consolidated profit after tax jumped to ₹8,004.99 Cr, driven by a ₹3,945.73 Cr exceptional gain from partial sale of Adani Wilmar shares. Integrated Resources Management and New Energy segments reported strong revenue and profit growth. Net debt-equity is at 1.35x, with plans to raise up to ₹15,000 Cr via equity/securities. Key management changes include new auditor appointments and senior exits. Legal probes on Mumbai Airport subsidiary are ongoing with no expected material impact.
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