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Adani Enterprises (AEL), the flagship company of the Gautam Adani-led conglomerate, announced its results for the March quarter and the financial year ended March 31 on Wednesday, 30 April, after market hours, reporting a consolidated net loss of ₹221 crore.

In the year-ago quarter, the company’s earnings had received a one-time boost of ₹3,947 crore from the sale of its stake in its consumer goods joint venture with Wilmar International. The company had posted a net profit of ₹3,903 crore in the corresponding period last year.

Higher operating expenses also weighed on profitability, rising sharply to ₹32,458 crore in the reporting quarter from ₹26,288 crore in the same quarter last year.

(more to come)Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments.

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During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles.

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