Adani Enterprises Q3 results: Net profit jumps multifold to ₹5,627 crore, revenue rises nearly 9% YoY

The Adani Group’s flagship company revenue from operations increased 8.6% to ₹24,820 crore in the October-December quarter as against ₹22,848 crore seen in the year-ago period.

The company’s operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 62% to ₹3,774 crore as compared to ₹2,335 crore in the corresponding quarter of the previous fiscal year.

Its EBITDA margin, however, expanded to 15.2% in the reporting quarter from 10.2% in Q3 FY25.

For the nine months ended FY26, the company reported consolidated revenue of ₹69,756 crore and EBITDA of ₹11,985 crore. Its profit before tax stood at ₹3,581 crore, excluding an exceptional gain of ₹9,215 crore arising from the sale of the AWL stake and cement units to Ambuja Cements Ltd.

Additionally, AAHL Airports’ EBITDA in the nine-month period surpassed its full-year FY25 EBITDA by 7%.

In the reporting period, the company successfully completed a rights issue, raising ₹24,930 crore and witnessing an oversubscription of 30% from the market. In addition, it raised ₹1,000 crore through its third public issue of non-convertible debentures (NCDs) in January 2026.

Adani Enterprises, in a statement, said it strengthened its track record of consistent operational and execution excellence during the quarter, marked by the commencement of operations at the greenfield Navi Mumbai airport in less than five years of acquisition.

The company also highlighted timely project delivery through the completion of two HAM road projects and the inauguration of the integrated new terminal building at Guwahati airport.

“With resilient execution and a clear strategic focus, Adani Enterprises has delivered a robust operating performance in the first nine months of FY26, reflecting the strength of our incubator model and the depth of our diversified infrastructure portfolio," said Gautam Adani, Chairman of the Adani Group.

"The commencement of operations at the Navi Mumbai International Airport represents a landmark achievement, reinforcing our commitment to building nationally critical assets at scale and speed. Our continued progress across airports, renewable manufacturing, data centres and transport infrastructure, alongside strong capital market support through our successful rights issue and NCD offerings, positions us well to accelerate the next phase of growth,” added Adani.

Following the earnings, Adani Enterprises shares were trading at ₹2,217.80 on the National Stock Exchange, surging 11.15%.