Adani Enterprises Ltd (AEL) reported a consolidated net loss of Rs 221 crore for the March 2026 quarter (Q4 FY26), a sharp contrast to the Rs 3,845 crore profit recorded in the same period last year. The flagship Adani Group entity cited depreciation on recently commissioned assets, notably the Navi Mumbai International Airport and its Copper plants, as a primary factor impacting its Q4 FY26 results.
Despite the net loss, the company's total income saw a robust 20 percent year-on-year (YoY) increase, climbing to Rs 33,187 crore in Q4 FY26 from Rs 27,602 crore in Q4 FY25. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also grew by 3 percent YoY, reaching Rs 4,479 crore compared to Rs 4,346 crore in the previous fiscal's fourth quarter.
Excluding an exceptional gain of Rs 9,215 crore from the sale of its AWL stake and cement units to Ambuja Cements Ltd, the profit before tax (PBT) stood at Rs 4,309 crore.
Dividend Declaration and Key Dates
Alongside its earnings announcement, the Board of Adani Enterprises recommended a dividend of Rs 1.30 per equity share (130 percent) for the Financial Year 2025-26. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
- Record Date: The company has fixed Friday, June 12, 2026, as the record date for determining the eligibility of shareholders for the dividend.
- Payment Date: If approved by shareholders, the dividend will be paid on or after June 30, 2026, subject to applicable tax deductions.
Chairman's Outlook
Gautam Adani, Chairman of the Adani Group, expressed optimism regarding the company's strategic direction. He highlighted that a significant portion of the EBITDA is now driven by core infrastructure incubating businesses and stable mining services, indicating the growing maturity and scale of AEL's operational portfolio. Adani also noted FY26 as a year of substantial progress in developing major infrastructure assets, including the Navi Mumbai International Airport, Guwahati Airport, and the Ganga Expressway project.
Market Reaction
The quarterly results were released after market hours. Earlier on April 30, 2026, Adani Enterprises shares had settled 0.85 percent lower on the BSE, closing at Rs 2,404.05.