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.

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.

Adani Enterprises reported a 97% YoY decline in Q3FY25 net profit to Rs 58 crore, impacted by a 44% drop in coal trading revenue. Total revenue fell 9% to Rs 22,848 crore, while EBITDA declined 4.8% to Rs3,

Adani Enterprises Ltd's quarterly profits plummet by 97%, citing forex losses and low volumes, but overall growth remains strong.

Weighed down by lower than expected Q3 results, Adani Ports share price dropped as much as 7.86% to hit a day’s low of ₹1,011 on the BSE. Early today, the port stock opened marginally higher at ₹1,100.05, after ending up by 1.67% at ₹1,097.25 in the previous session.

Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 14 per cent net profit jump in the October-December quarter this fiscal (FY25) at Rs 2,518 crore, from Rs 2,208 crore in the same period last fiscal (FY24).

Adani Ports and Special Economic Zone Ltd on Thursday reported a 32 per cent growth in its net profit in the first three quarters of 2024-25. The net profit for the period -April to December 2024–was Rs 8038 crore versus Rs 6089 crore in the year-ago period,