Adani Enterprises Q3 Profit Soars to ₹5,627 Crore, Driven by Exceptional Gain

• Adani Enterprises Ltd reported a massive jump in Q3 net profit to ₹5,627 crore, up from ₹58 crore year-on-year.
• The significant profit surge was primarily due to an exceptional gain of ₹5,632 crore from the sale of a stake in AWL.
• Consolidated revenue for Q3 stood at ₹24,820 crore, a rise from ₹22,848 crore in the previous year.
• EBITDA increased to ₹3,641 crore from ₹3,071 crore, with the EBITDA margin improving to 14.70% from 13.44%.
• The company's operational performance also showed improvement, indicating better input control and business mix.

Why It Matters: Adani Enterprises' Q3 profit hit a record high, largely due to an exceptional gain from a stake sale.