Adani Enterprises (NSE:ADANIENT, BOM:512599) consolidated attributable net profit plunged to 7.34 billion Indian rupees from 14.5 billion rupees a year ago.
Earnings per share fell to 6.02 rupees from 12.30 rupees last year, according to a Thursday filing to the Indian stock exchanges by the global integrated infrastructure company.
Revenue from operations in fiscal Q1 also dropped to 219.6 billion rupees from 254.7 billion rupees a year ago.
Shares of the company were down nearly 4% in after-market hours.
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