Adani Enterprises profit falls 49% on weak coal business

Adani Enterprises Ltd, the flagship company of billionaire Gautam Adani's group, reported a 49% decline in the June quarter profit as weak coal demand offset growth in the airport and mining units.

The company posted a net profit of Rs 734 crore in Q1 FY26, compared to Rs 1,458 crore earnings in Q1 FY25.