• Q3 net profit came up 1.5% QoQ at Rs 1,746.1 cr. • Revenue was up 15.8% QoQ at Rs 5,276.2 cr.
• Q3 net profit came at Rs 111 cr vs loss of Rs 19.2 cr YoY. • Revenue was up 3.4% YoY at Rs 2,322.4 cr. • EBITDA at Rs 157.2 cr vs Rs 45.3 cr YoY. • Margin was at 6.8% vs 2% YoY.
• Four Adani group firms have been downgraded by Moody's Investors Service. • The downgraded companies are Adani Green Energy, Adani Green Energy Restricted Group, Adani Transmission Step-One, and Adani Electricity Mumbai.
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