New Delhi, July 31 -- Adani Enterprises Limited witnessed a major decline of about 50 per cent in its consolidated net profit, which came at Rs 734.41 crore for the first quarter of the financial year 2025-26.
At the same time last year, the profit was Rs 1,454.50 crore. This fallback is due to externalities, including a slowdown in trading volumes and lower index price realization.
Reportedly, there is a major drop in its mainstay coal trading division, which measured almost a 4 per cent fall in shares. The company pointed out a major hit in earnings within the Integrated Resource Management (IRM) business, along with the sustained pressure on its commercial mining division.
Adani's major stronghold, which is its coal segment, witnesse...