Adani Enterprises Q1 FY27 Consolidated Loss ₹1,461 Crore

Revenue from Operations: ₹32,923.98 crore
Other Income: ₹622.28 crore
Total Income: ₹33,546.26 crore
Total Expenses: ₹32,251.62 crore
Profit/(Loss) before exceptional items and tax: ₹1,294.64 crore
Exceptional Items: ₹-2,644.02 crore (OFAC settlement)
Profit/(Loss) before tax: ₹-1,349.38 crore
Total Tax Expense: ₹219.04 crore (Current Tax: ₹466.77 crore, Deferred Tax: ₹-247.73 crore)
Profit/(Loss) before share of profit from JCE/associates: ₹-1,568.42 crore
Share of profit/(loss) from jointly controlled entities and associates: ₹106.88 crore
Profit/(Loss) after tax: ₹-1,461.54 crore
Total Comprehensive Income/(Loss): ₹-1,580.42 crore
Net Profit/(Loss) attributable to:
Owners of the Company: ₹-1,160.23 crore
Non-controlling interests: ₹-301.31 crore
Paid-up Equity Share Capital: ₹130.16 crore (Face Value of ₹1 each)
Earnings Per Share (Basic & Diluted): ₹-8.91

Regulators: SEBI, U.S. Office of Foreign Assets Control (OFAC), Ministry of Corporate Affairs (MCA), Central Bureau of Investigation (CBI)
Subsidiaries Mentioned: 58 subsidiaries reviewed by other auditors, 143 subsidiaries certified by management, Mumbai International Airport Limited (MIAL), Navi Mumbai International Airport Private Limited (NMIAL)
Auditors: Shah Dhandharia & Co LLP (Statutory Auditors)
New Appointee: Ms. Anju Abrol (DIN: 11841715), appointed as Independent Director

To comply with SEBI Listing Regulations (Regulation 33) for quarterly financial result disclosures.
To inform about the outcome of the Board meeting, including results approval and director appointment.
The OFAC settlement was a proactive resolution of allegations raised in reports published in June 2025.

The OFAC settlement of ₹2,644.02 crore (USD 275 million) had a direct, material negative impact on profitability for the quarter.
The company states that ongoing investigations at MIAL (₹845.76 crore alleged diversion) and NMIAL have no adjustments carried out in the results, as implications will be assessed after legal proceedings conclude.
The company has received custom duty demand notices amounting to ₹863.62 crore and has deposited ₹460.61 crore under protest. It envisages no material financial impact as it generally recovers these duties from customers.

Subsequent to the quarter end, the company completed a Qualified Institutional Placement (QIP), allotting 5,20,29,136 equity shares at an issue price of ₹2,883 per share (including a premium of ₹2,882), aggregating to ₹15,000 crore.
During the previous year (FY26), the company allotted 13,85,01,687 equity shares via a rights issue at ₹1,800 per share (partly paid-up), aggregating to ₹24,930.30 crore. EPS for previous periods has been restated for the bonus element.
The company maintains a security cover of 1.26 times on its listed Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) with an outstanding principal amount of ₹3,800 crore. The cover is provided by a first-ranking pari-passu charge on non-current loans and advances.

An outflow of ₹2,644.02 crore was incurred for the OFAC settlement.
Inflow of ₹15,000 crore was received from the QIP after the quarter end.
Interest payments on certain series of NCDs were made on April 12, April 17, and June 12, 2026.

No explicit forward-looking guidance or management commentary was provided in the disclosure.

Segment Performance (Consolidated): The largest revenue contributors were Copper (₹10,710.48 crore), Integrated Resources Management (₹7,325.98 crore), and New Energy Ecosystem (₹3,903.32 crore). The "Others" segment reported a significant loss before interest and tax of ₹-2,587.59 crore.
Subsidiaries & Associates: The consolidated results include the financials of 58 subsidiaries reviewed by other auditors (reflecting a total loss after tax of ₹1,445.03 crore), 143 subsidiaries certified by management (reflecting a profit after tax of ₹53.07 crore), 26 jointly controlled entities, and 39 associates.
Going Concern: The accounts of some loss-making subsidiaries/joint ventures/associates are prepared on a going concern basis considering financial support from the parent and other fellow subsidiaries.
Composite Scheme: A composite scheme of arrangement became effective from April 1, 2026, leading to the amalgamation of Adani Green Technology Ltd. and Adani Emerging Business Pvt. Ltd. with AEL, and Adani Tradecom Ltd. with Adani New Industries Ltd. Comparative figures have been restated.
SSR & SEBI: The management concluded no material non-compliance exists concerning the short seller report allegations, citing the Supreme Court's disposal of matters and SEBI's closure of two Show Cause Notices with no penalty in September 2025.