Adani Enterprises shares drop 8% in four sessions

Shares of Adani Enterprises, the flagship company of Adani Group, fell for a fourth straight session on Friday, August 8. The stock in the last four trading sessions (including today’s session) has dropped as much as 8.07% to hit a low of ₹2,173 on the BSE.

The decline in the share price comes after the announcement of the exit of Gautam Adani from a key managerial position at Adani Ports on Tuesday, August 5.

“Mr Gautam S. Adani from Executive Chairman to Non-Executive Chairman with effect from August 5, 2025, and consequently he would cease to be key managerial personnel of the Company,” Adani Ports said.

The company has also appointed Manish Kejriwal as an Additional Director (Non-Executive, Independent) for an initial term of three years from August 5, 2025.

Adani Enterprises on July 31, 2025, reported a consolidated net profit of ₹734 crore for the first quarter of the current financial year (Q1FY26), marking a decline of 50% from ₹1,455 crore logged during the same period last year. Its revenue from operations declined 14% to ₹21,961 crore in the April-June period as against ₹25,472 crore seen in the year-ago period.

Commenting on the Q1 results, Gautam Adani, Chairman of the Adani Group said, "Adani Enterprises has established itself as one of the world’s most successful infrastructure incubators."

"The substantial rise in EBITDA contribution from our incubating businesses reflects the strength and scalability of our operating model. This performance has been led by our Airports business, which delivered an exceptional 61% year-on-year growth in EBITDA. With landmark assets like the Navi Mumbai International Airport, the Copper Plant, and the Ganga Motorway set to become operational, we are accelerating our mission to build next-generation infrastructure platforms that are globally benchmarked, technologically advanced, and strategically vital to India’s growth story," Adani added.

Adani New Industries Limited (ANIL) commissioned India’s first off-grid 5 MW green hydrogen pilot plant, received its first 300 MW external wind turbine order, began serial production, and reported an 11% fall in income to ₹14,236 crore with a 26% drop in EBITDA to ₹4,776 crore.

Adani Airport Holdings Limited (AAHL) raised $1.75 billion via ECBs and project financing for six airports, received Mumbai airport’s FY25-FY29 tariff order effective 16 May 2025, added seven new routes and two airlines, and posted a 25% rise in income to ₹10,224 crore with a 61% increase in EBITDA to ₹3,480 crore.

As of 12:40 pm, Adani Enterprises shares traded 3.29% lower in intraday deals at ₹2,175.