Adani Enterprises net tanks 97%, stock down 3%

Jan 31, 2025 - 08:30
Adani Enterprises net tanks 97%, stock down 3%

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Adani Enterprises reported a 97% drop in quarterly profit, significantly impacted by its coal trading unit and foreign exchange loss. Revenue fell almost 9% to Rs 22,850 crore. This comes amid allegations of the chairman and his nephew's involvement in a $250 million bribery scheme.

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