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HomeMarket NewsEarnings NewsAdani Enterprises Q1 Results: Shares fall after profit halves; higher costs impact operating performance
Adani Enterprises reported a 49.5% drop in Q1FY26 profit, weighed down by higher costs and lower revenue. Shares fell 4% intraday after the company announced its earnings.
Adani Enterprises Ltd posted a muted performance for the quarter ended June 2025 (Q1FY26), weighed down by lower trade volumes, index price volatility in IRM, and pressure on commercial mining. The company’s consolidated net profit fell 49.5% year-on-year to ₹734 crore from ₹1,454 crore a year ago.
Revenue dropped 14% to ₹21,961 crore from ₹25,472 crore in the same period last year. Operating performance also weakened, with EBITDA down 11% to ₹3,310 crore from ₹3,705 crore.
EBITDA margin, however, improved to 15.10%, up from 14.60% in Q1FY25.
Other income declined to ₹475 crore from ₹594 crore, while interest costs rose to ₹1,511 crore from ₹1,177 crore. The cost of materials surged to ₹3,393 crore compared to ₹1,793 crore last year.
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On the segmental front, Adani Airports Holdings Ltd (AAHL) recorded a strong 61% year-on-year rise in EBITDA to ₹1,094 crore.
The company attributed the overall decline in earnings to a drop in trade volumes and heightened volatility in index prices within its Integrated Resource Management (IRM) business, along with pressure in the commercial mining segment.
Shares of Adani Enterprises slipped 4% intraday to ₹2,431.30 on NSE following the earnings announcement.
