India's Adani Enterprises, the flagship company of the Adani group, reported a slump in third-quarter profit on Thursday, impacted by performance at its key coal trading division. The company's consolidated net profit declined to 578.

Revenue decreased by 1.03% YoY & profit decreased by 17.05% YoY, profit at ₹8505.57 crore and revenue at ₹35779.78 crore

Adani Enterprises reported a 97% YoY decline in Q3FY25 net profit to Rs 58 crore, impacted by a 44% drop in coal trading revenue. Total revenue fell 9% to Rs 22,848 crore, while EBITDA declined 4.8% to Rs3,

Coal India reported a net profit of ₹8,491.2 crore in Q3, beating estimates but down 17.5% YoY. Revenue dipped 1%, and the PSU also declared a dividend.

Coal India reported a 17 per cent drop in consolidated net profit to Rs 8,505.57 crore for the third quarter (Q3) of the financial year 2024-25 (FY25).