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regular-article-logo Friday, 01 May 2026

Adani Enterprises posts first loss in 17 quarters amid rising costs pressure

Higher depreciation from new airport and copper plant along with mining losses and rising expenses weigh on performance while Adani Ports reports steady profit growth

Our Special Correspondent Published 01.05.26, 07:39 AM
Adani Enterprises loss Q4 results

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Adani Enterprises, the flagship company of the infrastructure major led by Gautam Adani, suffered a loss after 17 quarters, as it battled higher depreciation from the newly operational ‌airport at Navi Mumbai and a copper plant in Gujarat.

Loss of 221 crore attributable to the owners of the company compared with a 3,845-crore profit a year ago, was also led by higher expenses.

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While the Navi Mumbai airport began operations in December last year, the 500,000 tonne per annum copper plant was commissioned in March, increasing depreciation charges. Expenses also surged to 32,458 crore in Q4FY26, compared with 26,288 crore a year ago.

Adani’s commercial mining segment’s loss widened to 1,128 crore from a loss of 284 crore a year earlier, primarily due to mining operation “constraints” at its thermal coal Carmichael mine in Australia, a company executive said on an earnings conference call, Reuters reported. The firm’s new energy business declined 4.2 per cent to 952 crore.

Adani Ports

Adani Ports and Special Economic Zone on Thursday reported a 9.43 per cent rise in consolidated net profit at 3,308.30 crore for March quarter FY26 against a net profit of 3,023.10 crore a year ago.

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