New Delhi: Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, has reported strong operating growth for the first quarter of FY27, although its bottom line moved into the red because of a one-time settlement-related charge.
For the quarter ended June 30, 2026, AEL reported consolidated total income of ₹33,546 crore, up 50% from ₹22,437 crore in the same quarter last year. EBITDA, a key measure of operating performance, rose 49% year-on-year to a record ₹5,642 crore.
However, the company reported a consolidated net loss of ₹1,160 crore compared with a profit of ₹885 crore in Q1 FY26. The loss was mainly linked to an exceptional charge of ₹2,644 crore related to a settlement with the US Office of Foreign Assets Control, or OFAC. Excluding that charge, profit before tax stood at ₹1,295 crore.
The results show that AEL is increasingly relying on a wider mix of businesses rather than its traditional coal and trading operations. Airports, copper, new energy, roads and data centres have become important parts of the company’s growth strategy.
The airports business was one of the major performers during the quarter. EBITDA from the airport segment increased 49% year-on-year to ₹1,633 crore. Passenger traffic across the airport portfolio also remained strong, while Navi Mumbai International Airport began international operations on July 15.
The copper business also made a meaningful contribution as production capacity increased. The segment added ₹749 crore in EBITDA during the quarter. Meanwhile, Adani New Industries commissioned a new 1.7 GW solar module production line, taking its solar module manufacturing capacity to 5.7 GW.
AEL is also expanding into data centres, a sector expected to benefit from rising demand for cloud computing and artificial intelligence. The company said its data-centre business secured a new 400 MW hyperscale order in Visakhapatnam, taking its total tied-up capacity to more than 960 MW.
The infrastructure push is visible in roads as well. Toll collection began on the Ganga Expressway project in May, adding another asset to the group’s expanding transportation portfolio.
The company has also strengthened its balance sheet through fundraising. In July, AEL raised ₹15,000 crore through a qualified institutional placement. The issue attracted bids several times larger than the base issue size, indicating strong institutional interest in the company’s growth plans.
The latest quarter therefore presents a mixed picture. On one side, AEL delivered record operating EBITDA and strong revenue growth across several emerging businesses. On the other, the exceptional settlement charge pushed the company into a quarterly loss.
