Key facts
- Adani Enterprises reported a profit for the three months through September.
- The profit was aided by strong performance in copper smelting, renewable energy products, and airports divisions.
Adani Enterprises, an Indian conglomerate, reported a profit for the three months through September, ending a streak of quarterly losses. The company had posted a loss of 11.6 billion rupees in the April-June quarter, which was impacted by a 26.44 billion rupee settlement related to a U.S. sanctions probe. The profit in the latest quarter was driven by strong contributions from its copper smelting, renewable energy products, and airports divisions.