Revenue from operations stood at Rs 31,346.05 crore in the quarter ended 31 March 2023, registering a growth of 26.06% from Rs 24,865.52 crore posted in Q4 FY22.

Total income jumped 26.15% year on year to Rs 31716.40 crore in Q4 FY23, on account of strong performance by IRM and Airports business.

Profit before tax soared 149.32% to Rs 1,167.57 crore in the fourth quarter of FY23 as compare with Rs 468.31 crore reported in the same period last year.

EBIDTA surged 157% to Rs 3,957 crore in Q4 FY23, due to better operating performance across businesses.

During the quarter, Adani Airports handled 21.4 million passengers (up 74% YoY), 149,400 air traffic movements (up by 56% YoY) and 1.8 lakh metric tonnes (MT) cargo (up by 14% YoY).

With respect to the roads business, the company completed 3 all hybrid annuity mode (HAM) road projects during FY23. Construction is in full swing in remaining 10 projects. 3 border check posts made operational during Q4 FY23 in Maharashtra Border Check Post project.

In the Data Center segment, The overall completion rate for Phase II of the Chennai project was 41%. (Phase-I 17 MW is already operational), 37% of overall project completed in Noida, 30% of overall project completed in Hyderabad.

In Ecosystem business, cell line COD declared on 31 March 2023 for New 2.0 GW plant; completed upgradation of existing 1.5 GW module line to 2.0 GW TOPCON Cell Technology and COD declared on 1 April 2023. Volume increased by 4% to 315 MW. For wind turbine manufacturing, Prototype-2 - Assembly completed. Blade manufacturing facility - machine installation and ramp up work started, said the company.

In the Mining Services segment, mining services production increased by 17% to 10 million metric tonne (MMT). Agreement for 3 commercial coal mines signed in Q4 FY23. Integrated Resource Management volume up by 20% to 20.5 MMT.

On full year basis, the company reported a consolidated net profit of 2,472.94 crore in FY23, steeply higher than Rs 776.56 crore posted in 776.56 crore in FY22. Revenue from operations soared 97.32% year on year to Rs 1,36,977.76 crore during FY23.

Gautam Adani, Chairman, Adani Group, said, “Our mega-scale infrastructure project execution capabilities and our O&M management skills, which are comparable to the best in the world, are strengths that we continue to derive from the Adani portfolio's diversity to create reliable long-term value for all our investors. Our focus remains on governance, compliance, performance, and cashflow generation.”

Meanwhile, the company's board has recommended dividend of Rs 1.20 per equity share for the financial year 2022- 23, subject to approval by shareholders of the company. The record date for the same is fixed on Friday, 7 July 2023. The dividend, if declared, will be paid on or after 21 July 2023.

Adani Enterprises is the flagship company of Adani Group, one of India's largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses. The next generation of its strategic business investments are centered around green hydrogen ecosystem, airport management, roads, data center and water infrastructure.