New Delhi, Jan. 30 -- Adani Group flagship Adani Enterprises announced its results for the quarter ended December 2024 (Q3FY25) on Thursday, January 29. The company posted a consolidated net profit of Rs.228.64 crore a massive 88 percent YoY decline from Rs.1,972.75 crore in the same quarter last year.

Sequentially as well, the profit tanked 88.5 percent from Rs.1,989 crore in the September quarter.

Meanwhile, the company's profit attributable to owners saw a sharp decline in the third quarter ended December 2024, plummeting 97 percent to Rs.58 crore from Rs.1,888 crore in the same quarter last year.

Its total income also fell 8 percent YoY to Rs.23,500 crore versus Rs.25,540 crore in the year-ago period. On a QoQ basis, it was almost ...