Adani Enterprises slips into red, posts ~Rs65cr loss in Q1FY21

The company has reported revenue from operations of ~Rs 5,265cr for the quarter ended June 30, 2020.

Aug 06, 2020 05:08 IST India Infoline News Service

Adani Enterprises Limited announced its Q1FY21 results on Aug 6, 2020. Consolidated net revenue of Adani Enterprises Limited in Q1FY21 stood at Rs5,265.19cr, which declined by 50.15% yoy from Rs10,561.37cr in Q1FY20.

EBITDA stood at Rs63.95cr in Q1FY21 which decreased by 91.71% yoy. For Q1FY20, it had posted EBITDA of Rs771.54cr. EBITDA margin as of Q1FY21 was at 1.21% which declined by 6.1% yoy against the same quarter, the previous year.

The consolidated net loss in Q1FY21 came in at Rs65.67cr  compared to Q1FY20, when it had reported profit of Rs570.14cr. The net profit margin in Q1FY21 came in at negative 1.25% which declined by 6.65% yoy. The net profit margin for Q1FY20 was at 5.4%.

Share price of company closed at Rs185.7 up by 3.54% on BSE.

Particulars Q1FY21 (Rs in cr) Q1FY20 (Rs in cr) % VAR
Net Revenue 5,265.19 10,561.37 -50.15
Operating Profit 63.95 771.54 -91.71
Net Profit(Loss) (65.67) 570.14 -111.52
EBITDAM% 1.21 7.31 -6.10
PATM% -1.25 5.4 -6.65

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