Adani Enterprises Reports ₹221 Crore Loss in Q4, Revenue Up 20%

Adani Enterprises reports loss of ₹221 crore in Q4, revenue surges 21%; dividend recommended

Adani Enterprises Q4 Financial Performance

Adani Enterprises announced a loss of ₹221 crore in the fourth quarter of fiscal year 2026. This loss was mainly due to depreciation expenses on recently started assets like the Navi Mumbai project and the Copper plant.

Despite the loss, the company’s revenue from operations increased by 20.3% compared to the same quarter last year, reaching ₹32,439.31 crore in Q4 FY26, up from ₹26,965.86 crore in Q4 FY25.

Operational Earnings and Annual Results

The company’s EBITDA (earnings before interest, tax, depreciation, and amortisation) for the quarter was ₹4,346 crore, showing a slight increase of 3% from ₹4,479 crore in the previous year’s quarter.

For the full fiscal year 2026, Adani Enterprises’ profit after tax (PAT) rose by 31% to ₹9,339 crore, compared to ₹7,112 crore in FY25. However, the EBITDA for the year dropped by 2% to ₹16,464 crore from ₹16,722 crore in FY25.

Business Model and Dividend Announcement

The company stated that by the end of FY26, it has shifted to a core infrastructure-focused model. About 80% of its EBITDA now comes from mature, long-term, and contracted businesses, which improves earnings stability.

The board of directors recommended a dividend of ₹1.30 per equity share for FY26, which is 130% of the face value of ₹1 per share. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date for the dividend is set for June 12, 2026.

Comments from Chairman Gautam Adani

Gautam Adani, Chairman of the Adani Group, said the company showed disciplined execution and steady EBITDA growth. He highlighted that most EBITDA comes from core infrastructure and mining services, reflecting the maturity and scale of the business.

He also mentioned progress on major infrastructure projects like Navi Mumbai International Airport, Guwahati Airport, and the Ganga Expressway. Adani emphasized the company’s focus on building large, competitive infrastructure assets to support India’s growth.

Stock Market Reaction

On the day of the results announcement, Adani Enterprises’ shares closed slightly lower by 0.72% at ₹2,408.40 on the National Stock Exchange.

Important Facts for Exams

• Adani Enterprises reported a loss of ₹221 crore in Q4 FY26.
• Revenue in Q4 FY26 rose 20.3% year-on-year to ₹32,439.31 crore.
• Q4 FY26 EBITDA was ₹4,346 crore, a 3% increase from last year.
• FY26 profit after tax increased 31% to ₹9,339 crore.
• FY26 EBITDA fell 2% to ₹16,464 crore from FY25.
• 80% of EBITDA now comes from mature, long-term contracted businesses.
• Dividend of ₹1.30 per share recommended for FY26, subject to shareholder approval.
• Record date for dividend is June 12, 2026.
• Chairman Gautam Adani highlighted progress on major infrastructure projects.