Net profit of Adani Enterprises declined 50.57% to Rs 227.82 crore in the quarter ended September 2023 as against Rs 460.94 crore during the previous quarter ended September 2022. Sales declined 41.02% to Rs 22517.33 crore in the quarter ended September 2023 as against Rs 38175.23 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales22517.3338175.23 -41 OPM %10.794.90 - PBDT1635.981201.60 36 PBT879.02670.21 31 NP227.82460.94 -51 Powered by Capital Market - Live News

Adani Enterprises will hold a meeting of the Board of Directors of the Company on 2 November 2023.Powered by Capital Market - Live News

Adani Global, Singapore, a step down wholly owned subsidiary of Adani Enterprises has incorporated a Joint Venture Company namely �Kowa Green Fuel� on 13 September 2023 with Kowa Holdings Asia, Singapore (KOWA) for the sales and marketing of green ammonia, green hydrogen and its derivatives in the territories of Japan, Taiwan and Hawaii. Powered by Capital Market - Live News

Adani Global, Singapore, a step-down wholly owned subsidiary of Adani Enterprises announced a 50:50 joint venture (JV) with Kowa Holdings Asia, Singapore for sales and marketing of green ammonia, green hydrogen and its derivatives. The JV will concentrate on marketing of products in Japan, Taiwan and Hawaii.The JV with Kowa for green hydrogen marketing is a natural and strategic extension of Adani Group`s long-standing marketing and trading relationship with Kowa.Adani New Industries (ANIL), the green hydrogen platform of Adani Group is developing end-to-end solutions to produce globally competitive green hydrogen and its associated sustainable derivatives at scale. The first project of Adani New Industries (ANIL) of 1 million metric tonnes per annum (MMTPA) green hydrogen is being implemented in phases in Gujarat. The initial phase is expected to start production by FY2027. Depending on market conditions, ANIL aims to increase capacity to up to 3 MMTPA of green hydrogen in the next 10 years, with an investment of about USD 50 billion.Powered by Capital Market - Live News

Adani Enterprises announced that Adani Global, Singapore, a step down wholly owned subsidiary of the Company (AGPTE) has signed Joint Venture Agreement with Kowa Holdings Asia Pte. Ltd., Singapore (KOWA) on 8 September 2023. The joint venture to be incorporated in Singapore will engage in sale and marketing of green ammonia, green hydrogen and its derivative products to be supplied by Adani Group in the agreed territory. AGPTE will subscribe 50% shareholding in joint venture Company. Powered by Capital Market - Live News