Adani Enterprises Q1 Results: Cons PAT plunges 45% YoY to Rs 976 crore; revenue drops 14%

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Adani Enterprises Q1 Results: Adani Enterprises experienced a 45% profit drop in the first quarter, reaching Rs 976.48 crore. Revenue also decreased by 13.7% to Rs 21,961.20 crore. Lower trade volumes and index price volatility impacted performance. However, incubating businesses saw a 5% EBITDA increase, driven by Airports and Roads segments. Navi Mumbai Airport and other projects are expected to contribute to future EBITDA.