India's Adani Enterprises, the flagship company of the Adani group, reported a slump in third-quarter profit on Thursday, impacted by performance at its key coal trading division. The company's consolidated net profit declined to 578.

Adani Enterprises Ltd reported a 97% drop in third-quarter net profit, largely due to lower coal trading volumes and foreign exchange losses. Despite this, a 17% increase in profit was observed over the first nine months.

India's Adani Enterprises, the flagship company of the Adani Group, reported a slump in third-quarter profit on Thursday. The company's consolidated net profit declined to 578.3 million rupees ($6.68 million) in the October-to-December quarter,