Adani Enterprises, the flagship entity of the Adani Group, has reported a substantial increase in its consolidated net profit for the fourth quarter ended March 30, 2025. The increase was primarily attributed to a significant one-time gain from the stake sale in Adani Wilmar, although revenue saw a decline during the period. The Company’s Shares are currently trading at ₹2,297.10, with slight decline of 0.20%.
Adani Enterprises posted a consolidated net profit of ₹3,845 crore, representing a 752% year-on-year (YoY) increase compared to ₹451 crore in the same period last year. The driver of this increase was an exceptional gain of ₹3,286 crore. This gain stemmed from the sale of a 13.5% stake in Adani Wilmar (AWL). Excluding this non-recurring item, the profit recorded a 24% increase YoY.
Despite the notable profit performance, consolidated revenue from operations saw a decline, falling 8% YoY to ₹26,966 crore in the March 2025 quarter, down from ₹29,180 crore in the prior year. This revenue contraction was a result of lower volume in the company's Integrated Resources Management (IRM) business. The IRM segment specifically saw a 38% decline in volume to 15.3 MMT in Q4 FY25 compared to 24.7 MMT in Q4FY24.
Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) for the quarter rose 19% YoY to ₹4,346 crore, up from ₹3,646 crore in the March 2024 quarter. This operational strength was fuelled by strong performance in key growth areas, specifically green hydrogen, renewable energy, and airports businesses.
ANIL Ecosystem (covering green hydrogen and renewable energy) recorded a 32% YoY growth in total income to ₹3,661 crore, with EBITDA surging 73% to ₹1,110 crore. This growth was supported by a 24% increase in module sales (to 990 MW) and a 28% rise in wind turbine dispatches (to 60 sets). Construction of an additional 6 GW cell and module capacity has also commenced.
The airports business delivered a strong performance, with revenue increasing 29% YoY to ₹2,831 crore and EBITDA rising 44% to ₹953 crore. Passenger traffic also saw a 6% YoY increase, reaching 24.7 million in Q4.
The roads segment saw construction activity jump significantly, increasing 144% to 695 lane-kilometres during the quarter.
Mining services reported a 30% YoY increase in dispatch volumes, reaching 14 million metric tonnes (MMT) following the commencement of operations at the Parsa coal block.
For the full fiscal year FY25, Adani Enterprises reported consolidated revenue of ₹1,00,365 crore, a 2% increase YoY. Full-year EBITDA rose 26% to ₹16,722 crore, driven by the continued strong operational performance of its incubating businesses. Profit After Tax for FY25 more than doubled, increasing 1.2 times to ₹7,112 crore, up from ₹3,249 crore in FY24. The company’s net debt to EBITDA remained below 3x, supported by strong cash generation and improved earnings.
The company announced an interim dividend of ₹1.30 per share for FY25. The record date for this dividend has been set as June 13, 2025. Subject to shareholder approval at the upcoming Annual General Meeting (AGM), the dividend is expected to be paid on or after June 30, 2025, less any applicable tax deductions.
Adani Enterprises has secured board approval to raise ₹15,000 crore through permissible routes including QIP, private placement, or preferential issue. The funds will support expansion across core segments like green energy, data centres, airports, and infrastructure.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here