Latest news with #AdaniEnterprisesLtd
New Indian Express
12 hours ago
- Business
- New Indian Express
Gautam Adani draws Rs 10.41 crore pay in FY25, lags behind peers
NEW DELHI: India's second richest person Gautam Adani received a total remuneration of Rs 10.41 crore in the fiscal year ended March 31, 2025, lower than most industry peers and his own key executives. Adani, 62, drew salaries from two out of the nine listed companies in his ports-to-energy conglomerate, the latest annual reports of the listed entities of the group showed. His total remuneration was 12 per cent more than the Rs 9.26 crore he had earned in the previous 2023-24 financial year. His remuneration for 2024-25 from the group's flagship firm Adani Enterprises Ltd (AEL) included Rs 2.26 crore salary and another Rs 28 lakh in perquisites, allowances and other benefits.
Hans India
02-05-2025
- Business
- Hans India
Adani Enterprises' Q4 net surges 7.5x
New Delhi: Adani Enterprises Ltd, the flagship company of the billionaire Gautam Adani's group, on Thursday reported a 7.5x jump in its fourth quarter net profit on the back of one-time gain from stake sale in consumer goods venture, and strong growth in solar manufacturing and profit of Rs 3,845 crore in January-March - the fourth quarter of April 2024 to March 2025 fiscal year - compared with Rs 450.58 crore earnings in the same period a year back, according to a company statement. The profit rise was helped by a Rs 3,286 crore gain made from the sale of stake in Wilmar. After adjusting for one-time gain from the Wilmar stake sale, the net profit came at Rs 1,313 crore. The strong performance was driven by the company's incubator businesses - solar and wind manufacturing and airports, which are expected to be the next large value creators for the group. EBITDA for these two businesses increased 73 per cent and 44 per cent, respectively, during the quarter, lifting the consolidated EBITDA by 19 per cent to Rs 4,346 crore for Q4.
Bloomberg
30-01-2025
- Business
- Bloomberg
Adani Flagship's Net Slips 97% in First Earnings Since US Probe
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Adani Enterprises Ltd. posted a sharp fall in its quarterly profit weighed down by the coal trading unit and a foreign exchange loss, marking a tepid show in its first earnings since the billionaire-chairman Gautam Adani was indicted in a US bribery probe in November.
