Adani Enterprises Profit Rises on Copper

Adani Enterprises posted an increase in quarterly adjusted profit, driven by robust growth in its copper business. Revenue from operations also rose significantly during the period ending September.

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The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 22, 2024. REUTERS/Amit Dave

Adani Enterprises Ltd posted a more than twofold increase in quarterly profit before tax, driven by robust performance in its Copper business. The flagship firm of billionaire Gautam Adani reported strong operational growth despite higher material costs. The results highlight the rising domestic demand for refined metals across India.