Adani Enterprises Q3 revenue up on airports, new energy businesses

Adani Enterprises Ltd reported an 8.6 per cent rise in consolidated net profit, weakness in the coal management business being offset by airports and new energy businesses.

Revenue came in at Rs 24,820 crore, while net profit got a substantial boost from exceptional gains of Rs 5632 crore due to sale of stake in Adani Wilmar. It reported net profit of Rs 5627 crore, compared to Rs 58 crore year ago.

EBITDA for the quarter grew 15 per cent to ₹4,297 crore, while nine-month EBITDA fell 3 per cent to ₹11,985 crore.

The airports business of the company saw a 28 per cent increase in income at Rs 3770 crore, with aero revenue rising by 22 per cent and non-aero revenues by 28 per cent. Aero revenue contributed to a third of total airport revenue, and over half from non-aero.

Non-aero revenues included duty-free, food and beverages, lease and retails, car park and passenger services. The airport vertical’s EBITDA rose 42 per cent to ₹1,568 crore in Q3.

The company announced that its greenfield Navi Mumbai International Airport commenced operations on December 25, 2025, with a Phase I capacity of 20 million passengers per annum.

The new energy business under Adani New Industries saw a 7 percent rise in revenue to Rs 3161 crore on higher volumes.

Revenues in the coal management business fell by a fourth due to low volume and prices, while mining services saw a 16 per cent rise start of operations for a new mine service contract.

Adani Enterprises raised ₹24,930 crore through a rights issue in December 2025, which was oversubscribed by 30 per cent. The company also raised ₹1,000 crore through its third public issue of non-convertible debentures in January 2026.

Published on February 3, 2026