Adani Enterprises Q1 Results: Net Profit Surges to Rs 734 Crore, Margin Expands
Adani Enterprises Ltd.’s net profit came in at Rs 734 crore in the first quarter of fiscal year 2026, according to the financial results declared by the ports-to-power conglomerate on Thursday. The total income of billionaire Gautam Adani-led company was at Rs 21,961 crore.
Key Highlights of Q1 Results
- Net profit: Rs 734 crore
- Total income: Rs 21,961 crore
- Profit before exceptional items: Rs 1,466 crore, up 11.7% sequentially
- Ebitda: Rs 3,310 crore
- Margin: 15.1% versus 13.8% (Cons, QoQ)
Incubating Businesses Drive Growth
The company’s earnings before interest, taxes, depreciation and amortisation from incubating businesses increased by 5% to Rs 2,800 crore on year-on-year basis and contributed 74% to the first quarter fiscal 2026 results, according to the firm’s press release.
The firm anticipates operationalisation of the large infra-assets during the current fiscal, which it said would result in ‘Ebitda unlock and long-term value creation.’ The Ebitda from Adani Airports increased by 61% YoY to Rs. 1,094 crore.
Gautam Adani’s Statement
‘The substantial rise in Ebitda contribution from our incubating businesses reflects strength and scalability of our operating model. This performance has been led by our Airports business, which delivered an exceptional 61% year-on-year growth in Ebitda,’ said Gautam Adani, Chairman of the Adani Group.
‘With landmark assets like the Navi Mumbai International Airport, the Copper Plant and the Ganga Expressway set to become operational, we are accelerating our mission to build next-generation infrastructure platforms that are globally benchmarked, technologically advanced and strategically vital to India’s growth story,’ he added.
Other Key Developments
- Commissioned India’s first off-grid 5 MW Green Hydrogen pilot plan.
- Wind Turbine business received its first external order of 300 MW.
- Construction for additional 6 GW module capacity progressing as scheduled.
- Noida data center MEP works in progress.
- Hyderabad data center phase II MEP works ~72% completed.
- Pune data center phase I works crosses ~85%.
- Mumbai airport received its tariff order for fourth control period FY25 to fiscal 2029.
- Seven new routes and two new airlines added.
- Three Hybrid Annuity Model projects are more than ~90% complete.
- Ganga Expressway construction crosses ~85%.
- Mine developer and operator agreements signed for Mara II Mahan and Gondbahera Ujheni East coal mine.
Investor Takeaways
Adani Enterprises’ Q1 results have been impressive, with a significant expansion in margins and growth in incubating businesses. The company’s focus on building next-generation infrastructure platforms is expected to drive long-term value creation.
Investors should keep an eye on the company’s progress in operationalising its large infra-assets and the potential impact on its financial performance. The stock’s valuation will also be influenced by the overall market sentiment and the performance of the Indian economy.
For more information on Adani Enterprises and other Indian stocks, please visit our news section. You can also check out our investing guides for tips and insights on navigating the Indian stock market.