Adani Enterprises Posts Q1 Loss Due to US Settlement Charge

Adani Enterprises reported a net loss for the first quarter of FY27, primarily due to a one-time settlement charge of ₹2,644 crore paid to US authorities.

Despite the loss, the company's revenue jumped 50% year-on-year, with EBITDA reaching a record high of ₹5,642 crore for the April-June period.

The company maintains that its core operations remain robust and expects to return to profitability in the coming quarters as the one-time financial impact is absorbed.