Adani Flagship Net Jumps, Eyes $2.8 Billion Share Sale
Adani Enterprises Ltd., led by billionaire Gautam Adani, reported an 84% jump in quarterly profit on one-time gains due to sale of its stake in the agri business and gains...
By Sanjai P R · Bloomberg Markets
Adani Enterprises Ltd., led by billionaire Gautam Adani, reported an 84% jump in quarterly profit on one-time gains due to sale of its stake in the agri business and gains from restructuring its cements units. It also approved a $2.8 billion rights issue.