Adani Enterprises report increase in Q2 profits despite coal sector facing slowdown

Adani Enterprises report increase in Q2 profits despite coal sector facing slowdown

Adani Enterprises on Tuesday reported more than a seven times hike in its second-quarter profit due to the higher demand in its renewable energy sector even after the mainstream coal and mining sector facing a slowdown. Its revenue soared to 15.7 percent reaching Rs 226.08 billion.The company’s mainstay coal trading segment, on the other hand,…

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