Adani Enterprises' profit drops 97% YoY to ₹58 crore in Q3

Adani Enterprises reported a net profit of ₹58 crore in Q3, a sharp decline of 97% from ₹1,888 crore profit in the same period a year ago. The conglomerate's revenue also dipped 9% to ₹22,848 crore from ₹25,050 crore in the year-ago period. Shares of Adani Enterprises fell around 3% following the results announcement.