Revenue dropped 14% to ₹21,961 crore from ₹25,472 crore in the same period last year. Operating performance also weakened, with EBITDA down 11% to ₹3,310 crore from ₹3,705 crore.
EBITDA margin, however, improved to 15.10%, up from 14.60% in Q1FY25.Other income declined to ₹475 crore from ₹594 crore, while interest costs rose to ₹1,511 crore from ₹1,177 crore. The cost of materials surged to ₹3,393 crore compared to ₹1,793 crore last year.
Also Read: Dr. Lal Pathlabs Q1 results: Profit up 24% aided by higher sampling; interim dividend declaredOn the segmental front, Adani Airports Holdings Ltd (AAHL) recorded a strong 61% year-on-year rise in EBITDA to ₹1,094 crore.
The company attributed the overall decline in earnings to a drop in trade volumes and heightened volatility in index prices within its Integrated Resource Management (IRM) business, along with pressure in the commercial mining segment.
Shares of Adani Enterprises slipped 4% intraday to ₹2,431.30 on NSE following the earnings announcement.
