Adani Enterprises Limited reported earnings results for the third quarter and nine months ended December 31, 2025. For the third quarter, the company reported sales was INR 248,195.9 million compared to INR 228,484.2 million a year ago. Revenue was INR 254,754.4 million compared to INR 235,005.4 million a year ago. Net income was INR 56,270.2 million compared to INR 578.3 million a year ago. Basic earnings per share from continuing operations was INR 46.78 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 46.12 compared to INR 0.07 a year ago. Basic earnings per share was INR 46.78 compared to INR 0.04 a year ago. Diluted earnings per share was INR 46.12 compared to INR 0.04 a year ago.
For the nine months, sales was INR 680,293 million compared to INR 709,288.9 million a year ago. Revenue was INR 697,561.3 million compared to INR 727,634.4 million a year ago. Net income was INR 95,601.8 million compared to INR 32,540.8 million a year ago. Basic earnings per share from continuing operations was INR 79.34 compared to INR 26.39 a year ago. Diluted earnings per share from continuing operations was INR 78.21 compared to INR 26.39 a year ago. Basic earnings per share was INR 79.34 compared to INR 26.28 a year ago. Diluted earnings per share was INR 78.21 compared to INR 26.28 a year ago.
Adani Enterprises Limited is a diversified group organized around 5 areas of activity:
- logistics and supply services (66.9% of net sales);
- mining extraction services (3.8%);
- manufacturing of photovoltaic panels (3.5%);
- airport management (3.4%): ownership, at the end of March 2022, of 6 airports in India;
- other (22.4%): manufacturing of food products, production of palm oil, production of sugar, storage, handling and transportation of fruit, manufacturing of aeronautical and defense systems, construction of roads, highways and rail infrastructure, construction of data centers, development and rehabilitation of wastewater treatment plants and related infrastructure, etc.
Net sales break down by source of revenue mainly between sales of products (85.7%) and services (14.2%).
India accounts for 60.3% of net sales.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.