Adani Enterprises posts 84% profit jump, announces ₹25,000cr rights issue

Business Nov 04, 2025

Adani Enterprises just announced a massive ₹25,000 crore rights issue, meaning current shareholders can buy more shares soon (details like price and ratio are still being worked out).
This move follows a strong Q2 where profits soared 84% to ₹3,199 crore—thanks in part to a one-time gain from the Adani Wilmar Offer For Sale (OFS).
But it wasn't all good news: revenue actually dipped 6% year-on-year.

Core earnings fell, stock dropped

Despite the profit spike, the company's core earnings (EBITDA) fell 23%, and margins shrank too.
Investors didn't seem thrilled—Adani's stock dropped 2.7% after the announcement and is down about 6% for the year so far.