Adani Enterprises surges on reporting over three fold jump in Q4 net profit

21 May 2012 Evaluate

Adani Enterprises is currently trading at Rs. 241.90, up by 10.80 points or 4.67% from its previous closing of Rs. 231.10 on the BSE.

The scrip opened at Rs. 231.75 and has touched a high and low of Rs. 244.60 and Rs. 231.10 respectively. So far 401522 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 765.95 on 26-Jul-2011 and a 52 week low of Rs. 222.70 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 254.95 and Rs. 222.70 respectively. The current market cap of the company is Rs. 26659.40 crore.

The promoters holding in the company stood at 78.32% while Institutions and Non-Institutions held 16.30% and 5.38% respectively.

Adani Enterprises has registered a jump of 243.26% in net profit at Rs 170.53 crore for the fourth quarter ended March 31, 2012, compared with a profit of Rs 49.68 crore for the same quarter a year ago. The company’s total income surged 67.87% to Rs 1555.06 crore for the quarter under review as compared to Rs 926.32 crore for the corresponding quarter previous fiscal.

On the consolidated basis, the company has posted a fall of 66.66% in its net profit at Rs 309.45 crore for the quarter ended March 31, 2012 as compared to Rs 928.20 crore for the same quarter in the previous year.  However, total income has increased by 18.71% at Rs 10826.86 crore for quarter under review as compared to Rs 9119.94 crore for the quarter ended March 31, 2011

The company’s net profit for the full financial year 2011-12 rose 34.41% to Rs 361.72 crore in the year under review as against Rs 269.11 crore in FY11. Total income increased by 66.27% to Rs 5743.85 crore for the year ended March 31, 2012 from Rs 3454.50 crore in FY11.   

For the full year 2011-12, the company’s consolidated net profit fall 25.72% to Rs 1839.21 crore as compared to Rs 2476.09 crore in the previous fiscal however, total income from operations during the fiscal stood at Rs 39903.78 crore as against Rs 26826.74 crore in the previous fiscal, up by 48.75%.

Adani Enterprises Share Price

2946.15 -21.50 (-0.72%)
31-Oct-2024 16:01 View Price Chart
Peers
Company Name CMP
Redington 194.45
Adani Enterprises 2946.15
Amrapali Industries 17.63
Rashi Peripheral 396.00
Compuage Infocom 2.98
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