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Ahmedabad, July 30

Adani Enterprises Ltd reported an increase of 36 per cent in its consolidated net profit at Rs 128 crore for the first quarter ended June 30 compared with Rs 94 crore during the same period last year. The turnover was at Rs 6,386 crore (Rs 5,049 crore), up 26 per cent. The standalone net profit of the company increased by 17 per cent at Rs 78.73 crore (Rs 66.97 crore). Coal contributed 71 per cent of the EBITDA and coal trading will remain a major focus for the company du e to the huge demand, according to a release. The joint venture with Wilmar Group of marketing Fortune edible oil is going to expand its facilities to 10,000 TPD from the existing 3,000 TPD in the next two years, according to the release.

— Our Bureau

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