BENGALURU (Reuters) – India’s Adani Enterprises’ first-quarter profit more than doubled on Thursday as growth in its new energy division outweighed weakness in its key coal trading segment.
Consolidated net profit rose to 14.55 billion rupees (around $174 million) for the quarter ended June 30, from 6.74 billion rupees a year ago, the company, which is the flagship firm of the Adani Group, said in an exchange filing.
($1 = 83.7140 Indian rupees)
(Reporting by Sethuraman N R and Manvi Pant in Bengaluru; Editing by Sonia Cheema)
