Adani Enterprises Q1 Results: Co reports loss of Rs 1,160 cr on one-time expense; revenue surges 50% YoY

Adani Enterprises on Wednesday reported a net loss of Rs 1,160 crore in the first quarter, compared with a profit of Rs 885 crore in the last year quarter. Revenue from operations in the reporting period increased 50% year-on-year (YoY) to Rs 32,924 crore.

The company reported an exceptional loss of Rs 2,644 crore due to the payment of settlement amount with the OFAC.

Excluding this, the company reported a profit of Rs 1,295 crore.


Total expenses rose 54% YoY to Rs 32,252 crore from Rs 20,970 crore. Cost of materials consumed increased sharply to Rs 14,255 crore from Rs 3,393 crore a year earlier. Purchases of stock-in-trade stood at Rs 7,343 crore, broadly flat compared with Rs 7,399 crore in the same quarter last year. The company reported inventory changes of negative Rs 1,860 crore, against negative Rs 120 crore a year earlier.

Employee benefit expenses rose to Rs 1,094 crore from Rs 963 crore. Finance cost also increased. Interest and other finance costs stood at Rs 2,414 crore, compared with Rs 1,511 crore in Q1FY26. Depreciation, amortisation and impairment expenses rose to Rs 1,926 crore from Rs 1,284 crore. Operating and other expenses stood at Rs 7,074 crore, compared with Rs 7,017 crore a year earlier.

The company reported tax expense of Rs 219 crore for the quarter, compared with Rs 571 crore in Q1FY26. This included current tax of Rs 467 crore and the deferred tax credit of Rs 248 crore.

Loss after tax stood at Rs 1,461 crore, compared with profit of Rs 976 crore in the same quarter last year. Of this, Rs 1,160 crore loss was attributable to owners of the company and Rs 301 crore loss to non-controlling interests.

Total comprehensive loss stood at Rs 1,580 crore, compared with total comprehensive income of Rs 717 crore a year earlier.

The headline number was hit by the exceptional charge, but the operating line showed strong scale-up in revenue. Investors will now watch whether the company can convert this revenue growth into steady profitability once one-off items fade.