Adani Enterprises report increase in Q2 profits despite coal sector facing slowdown

Quick Summary:

Adani Enterprises reported a substantial rise in Q2 profits, driven by the renewable energy sector's growth despite a slowdown in coal trading.

The company's revenue increased by 15.7%, reaching Rs 226.08 billion.

Solar and wind energy segments significantly boosted overall profit, while coal segment profits declined due to above-average rainfall.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaIsraelMali

Topics: Renewable energy Coal sector Clean energy Adani Enterprises Business news Q2 profits

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 18:47:12 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 755 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23339012

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