Adani Enterprises to demerge food FMCG biz, integrate it with Adani Wilmar
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Ahmadabad based Flagship Company of billionaire Gautam Adani's, Adani Enterprises reported a two-fold surge in net profit to Rs, 1,454 crores in Q1 2024-25, compared to Rs.674 crores in the corresponding period last year. Incubated business witnessed 2x increased in profit before tax as compared to just 19% growth in PBT from established businesses. The surge in net profit was boosted by solid revenues at its airports and mining businesses and by growth in the new energy business, which outweighed weakness in coal trading.
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Adani Enterprises to demerge food FMCG biz, integrate it with Adani Wilmar
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