Adani Enterprises’ net profit soars 97-fold to ₹5,627 crore:Shares surge 10% after Q3 results, and optimism around an early India-US trade deal

Adani Enterprises Ltd reported a sharp rise in profit to ₹5,627 crore in Q3 FY26, marking a 97-times (9,601%) increase from ₹58 crore in the same quarter last year. Following the results, the company’s shares climbed over 10% to ₹2,207. The surge in profit was mainly driven by proceeds from the sale of its stake in Adani Wilmar Ltd (AWL), the Fortune oil brand. The divestment was completed in three phases, with the December quarter alone generating ₹5,632.09 crore from the sale of the final 20% stake. Adani Wilmar stake sale details: · First phase (up to March 2025): Sold 13.51% via Offer for Sale, earning ₹3,945.73 crore. · Second phase (September 2025 quarter): Sold 10.42%, generating ₹2,968.72 crore, reducing the stake to 20%. · Third phase (December 2025 quarter): Sold 13% to Leni PTE Limited and the remaining 7% in the open market, earning ₹5,632.09 crore. With this, the Adani Group has fully exited Adani Wilmar and no longer holds any stake in the company. Adani Enterprises shares down 4% over six months Following the quarterly results, Adani Enterprises shares closed at ₹2,207, rising over 10% in today’s trade. Despite the recent jump, the stock has declined 3% in the past one month and 4% over the last six months, while remaining flat over the past year. The company’s market capitalisation stands at ₹2.75 lakh crore. What consolidated profit means Company financial results are reported in two formats—standalone and consolidated. Standalone results reflect the performance of a single entity, whereas consolidated results present the combined financial performance of the entire group. About Adani Enterprises Adani Enterprises Limited, a flagship company of the Adani Group, was founded in 1988 by Gautam Adani. Gautam Adani serves as Chairman, Rajesh Adani as Managing Director, and Vinay Prakash as CEO. The company focuses on energy and infrastructure projects and is regarded as India’s largest business incubator. Its operations span energy and utilities, transportation and logistics, consumer goods, and primary industries.