Adani Enterprises Limited (AEL), the flagship company of the Adani Group, reported a significant surge in its consolidated net profit for the fourth quarter of fiscal year 2024-25 (Q4 FY25), primarily driven by a one-time exceptional gain.
Q4 FY25 Financial Highlights
Net Profit: AEL's consolidated net profit soared to Rs 3,845 crore in Q4 FY25, marking a 752% year-on-year (YoY) increase from Rs 451 crore in the same quarter of the previous year. This substantial rise was largely attributed to an exceptional gain of Rs 3,286 crore from the partial sale of its stake in Adani Wilmar.
Revenue: The company's revenue from operations declined by 7.6% YoY to Rs 26,966 crore, down from Rs 29,180 crore in Q4 FY24. This decrease was primarily due to a weaker performance in its coal trading division, which saw a 47% drop in profit and a 45% decline in revenue, attributed to falling coal prices and reduced demand for imported coal.
EBITDA: Despite the revenue dip, AEL's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter increased by 19% YoY to Rs 4,346 crore, up from Rs 3,646 crore in Q4 FY24.
Segment Performance
New Energy: The company's new energy segment, encompassing solar and wind businesses, reported a 92% rise in pre-tax profit to Rs 994 crore, now accounting for 13.5% of AEL's revenue.
Airports: The airports business delivered a strong performance, with revenue increasing 29% YoY to rs 2,831 crore and EBITDA rising 44% to Rs 953 crore. Passenger traffic also saw a 6% YoY increase, reaching 24.7 million in Q4.
Roads and Mining Services: The roads segment saw construction activity jump significantly, increasing 144% to 695 lane-kilometres during the quarter. Mining services reported a 30% YoY increase in dispatch volumes, reaching 14 million metric tonnes (MMT) following the commencement of operations at the Parsa coal block.
Full-Year FY25 Overview
Revenue: For the full fiscal year FY25, AEL reported consolidated revenue of Rs 1,00,365 crore, a 2% increase YoY.
Net Profit: The company's net profit more than doubled to Rs 7,112 crore, up from Rs 3,249 crore in FY24.
EBITDA: Full-year EBITDA rose 26% to Rs 16,722 crore, driven by the continued strong operational performance of its incubating businesses.
Dividend and Fundraising
Dividend: AEL declared an interim dividend of Rs 1.30 per share for FY25. The record date for this dividend has been set as June 13, 2025, with the payment expected on or after June 30, 2025, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Fundraising: The company has secured board approval to raise Rs 15,000 crore through permissible routes including Qualified Institutional Placement (QIP), private placement, or preferential issue. The funds will support expansion across core segments like green energy, data centres, airports, and infrastructure.
Strategic Outlook
Adani Enterprises continues to focus on its incubating businesses in sectors such as green hydrogen, renewable energy, data centres, airports, and infrastructure. The company's strategic expansions, including a 6 GW solar module line and a new 10 MW data centre, underline its commitment to long-term growth.
Despite the challenges in its traditional coal trading business, AEL's diversified portfolio and strategic investments position it well for sustainable growth in the coming years.
For more information, visit https://www.indiratrade.com/