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

The bottom line was affected by depreciation on recently commissioned assets of Navi Mumbai and the Copper plant, according to a regulatory filing.

However, its revenue from operations advanced 20.3% YoY to ₹32,439.31 crore during the quarter under review, as against ₹26,965.86 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25), according to a regulatory filing.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation) stood at ₹4,346 crore in Q4 FY26, marking a 3% YoY jump from ₹4,479 crore in the same period last year.

FY26 performance

In FY26, the company’s PAT soared 31% YoY to ₹9,339 crore, as against ₹7,112 crore in FY25.

However, its EBITDA fell 2% YoY to ₹16,464 crore in FY26, from ₹16,722 crore in the last fiscal year.

“With the close of fiscal 2026, AEL has transitioned to a core infrastructure-led model, with 80% of its EBITDA coming from mature, long-term and contracted businesses, which significantly enhances earnings visibility,” it said.

Dividend declared

The Adani Group’s flagship firm’s board of directors also recommended a dividend of ₹1.30 per equity share, at a 130% rate, with a face value of ₹1 each fully paid up for the FY26, subject to approval by shareholders of the company at the ensuing Annual General Meeting (AGM).

Furthermore, they set Friday, June 12, 2026, as the record date for the same.

What the company’s chairman said

Commenting on the results, Gautam Adani, Chairman of the Adani Group, said: “Adani Enterprises has delivered yet another year of disciplined execution, stable EBITDA, and continued momentum across our core infrastructure and incubation platforms.”

He stated that the majority of its EBITDA is led by its core incubating infrastructure businesses and stable mining services, which is encouraging. It reflects the “maturity and scale” of the firm’s operating portfolio, Adani added.

“FY26 has also been a year of decisive progress in building and making ready some of the large infraassets of the Navi Mumbai International Airport, Guwahati Airport and the Ganga Expressway. As India’s growth accelerates, we continue to focus on building and scaling globally competitive infrastructure businesses with our robust project pipeline,” Adani highlighted.

Shares of Adani Enterprises closed 0.72% lower at ₹2,408.40 per unit on the National Stock Exchange (NSE) on Thursday, ahead of the result announcement.