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Adani Enterprises' Q1 standalone net up 156% at Rs 197 cr

However, total standalone income decreased to Rs 2,372 cr for June 2016 quarter from Rs 2,578 crore a year ago

Vinay Umarji  |  Ahmedabad 

A healthy rise in its coal mining volumes in the first quarter of current fiscal 2016-17 pushed Adani Enterprises Ltd (AEL)'s standalone net profit up by 155.99 per cent, as per its BSE filing. However, the flagship company of the over $10 billion conglomerate Adani Group registered an eight per cent decline in its standalone total income for the quarter.

The company posted a standalone net profit of Rs 196.91 crore for the quarter ended June 30, 2016 as compared to Rs 76.92 crore for the quarter ended June 30, 2015. However, total standalone income of the company decreased to Rs ...

First Published: Wed, August 10 2016. 17:54 IST

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