The Hindu·4 min read·hard
$275mn US settlement impinges on Adani Enterprises, Q1 net loss at ₹1,160cr; but core biz remains profitable
T
The Hindu Bureau
✦AI Summary
Adani Enterprises reported a consolidated net loss of ₹1,160 crore for Q1 FY27, primarily due to a one-time $275 million settlement with the U.S. OFAC. Despite this, the company's core business segments, including airports and copper, showed strong growth with a 49% increase in EBITDA.
Adani Enterprises Ltd (AEL), the holding company of the Adani Group, suffered a consolidated net loss of ₹1,160 crore in the June quarter FY27 due to one-time settlement of $275 million ( ₹2,644 crore) relating to the U.S. Office of Foreign Assets Control (OFAC).
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