Adani Enterprises sold its stake in grocery company Wilmar:Enterprises’ profit rises 84% to ₹3,199 crore; revenue falls 6% in the 2nd quarter

Adani Group’s flagship company, Adani Enterprises Limited, reported a consolidated net profit of ₹3,199 crore in the second quarter of financial year 2025-26. This is an 84% increase on an annual basis. In the same quarter last year, the company had a profit of ₹1,741 crore. The profit boost comes mainly from the sale of Adani Enterprises’ stake in its grocery business, Adani Wilmar, which earned the company a one-time gain of ₹3,583 crore. This one-time profit is included in the second quarter’s total earnings. Adani Enterprises’ revenue falls 6% to ₹21,249 crore In the July–September quarter, Adani Enterprises’ consolidated revenue from operations dropped by 6% to ₹21,249 crore. In the same quarter last year, it was ₹22,608 crore. During the second quarter, the company earned a total of ₹21,844 crore, marking a 5.82% increase on an annual basis. For comparison, in the July–September quarter last year, revenue was ₹23,196 crore. Company to raise ₹25,000 crore through rights issue The Board of Directors has announced plans to raise ₹25,000 crore via a rights issue. These will be partially paid-up equity shares with a face value of Re 1 per share. Only eligible shareholders will be able to participate, and the record date will be announced later. Understanding consolidated profit Adani Enterprises reports results in two formats: Standalone and Consolidated. Standalone results reflect the performance of a single unit, while Consolidated results provide the overall performance of the entire company group. Adani Enterprises’ share performance Ahead of its quarterly results, Adani Enterprises’ share closed at ₹2,399, up 2.72% for the day. However, the stock has fallen 7% in the past month, 2% over six months, and 17% over one year. The company’s market capitalisation is ₹2.79 lakh crore. Company background Founded in 1988 by Gautam Adani, Adani Enterprises Limited is part of the Adani Group. Gautam Adani is Chairman, Rajesh Adani is Managing Director, and Vinay Prakash is CEO. The company operates in Energy Utility, Transportation Logistics, Consumer Goods, and Primary Industry. It is also India’s largest business incubator.