Results28 Oct 2026 · Wed
ADANIENTAdani Enterprises
Adani Enterprises' Q2 profit falls 55% to ₹1,492 crore on Upstox figures; revenue up 75%
Adani Enterprises' September-quarter profit was ₹1,492.04 crore against ₹3,303.71 crore a year earlier, Upstox reported. Angel One gave a lower profit figure of ₹1,220.99 crore.
Price, Wednesday's close₹2,476.00▼ 0.56%
Last 5 days
52-week low ₹1,753.0052-week high ₹3,245.00
- Sector
- Conglomerate
What happened
- Adani Enterprises reported net profit of ₹1,492.04 crore for the September 2026 quarter against ₹3,303.71 crore a year earlier, down 54.84%, Upstox reported, on revenue from operations of ₹37,215.62 crore against ₹21,248.51 crore, up 75.14%. Upstox said the quarter had no exceptional gains against ₹3,583.28 crore a year earlier.
- Angel One gave net profit as ₹1,220.99 crore against ₹3,414.43 crore, down 64.2%, and total income as ₹38,023.11 crore against ₹21,844.07 crore, up 74.1%. The two outlets' profit figures differ, and I could not reconcile them without the filing.
- Upstox put EBITDA at ₹5,509 crore against ₹3,307 crore, up 66.59%, with a margin of 14.8% against 15.56%. Angel One said the company had a net loss of ₹1,461.54 crore in the June quarter and ₹240.55 crore in the first half, against a first-half profit of ₹4,390.91 crore a year earlier. It listed a settlement payment to the US Office of Foreign Assets Control of ₹2,644.02 crore ($275 million) as an exceptional item.
- Angel One's report is timed at 3:00 PM and Upstox's at 3:27 PM. Angel One had the shares at ₹2,479.10, down 0.44%, at 2:05 PM. They closed at ₹2,476 against ₹2,490 on Tuesday on Kite data, a fall of 0.56% by my calculation.
Why it matters
Good to know: An exceptional item is a one-off gain or charge that a company reports on a separate line, so that the result from its regular business can be read without it.
Key facts
- Net profit, per Upstox
- ₹1,492.04 crore (₹3,303.71 crore a year earlier), down 54.84%
- Net profit, per Angel One
- ₹1,220.99 crore (₹3,414.43 crore), down 64.2%
- Revenue from operations, per Upstox
- ₹37,215.62 crore (₹21,248.51 crore), up 75.14%
- EBITDA, per Upstox
- ₹5,509 crore (₹3,307 crore); margin 14.8% (15.56%)
- OFAC settlement, per Angel One
- ₹2,644.02 crore ($275 million), exceptional item
Read the source
This is a summary of public news about Adani Enterprises, for information only. It is not a recommendation to buy, sell or hold ADANIENT.
Adani Enterprises in the news before
- 29 SEP 2026 · REGULATORYSEBI closes Adani public-shareholding case; says control by Vinod Adani not established
- 9 SEP 2026 · DEALS & FUNDINGEnters into a shareholders' agreement