India's Adani Enterprises , the flagship company of the Adani group, reported a slump in third-quarter profit on Thursday, impacted by performance at its key coal trading division.

Adani Ports missed the Bloomberg estimates, which projected its net profit at Rs 2,589.4 crore, a jump of 17.3 per cent year-on-year, according to reports

Weighed down by lower than expected Q3 results, Adani Ports share price dropped as much as 7.86% to hit a day’s low of ₹1,011 on the BSE. Early today, the port stock opened marginally higher at ₹1,100.05, after ending up by 1.67% at ₹1,097.25 in the previous session.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 14 per cent net profit jump in the October-December quarter this fiscal (FY25) at Rs 2,518 crore, from Rs 2,208 crore in the same period last fiscal (FY24).

The EBITDA margin of the company rose from 60 per cent during the nine-month period in FY24 to 62 per cent in the nine-month period in FY25.

India's Adani Power posted a smaller quarterly core profit on Wednesday due to a sharp drop in power demand and the thermal power producer also said it would raise 50 billion rupees ($578 million) by selling shares to institutional investors.

Adani Ports and Special Economic Zone Ltd on Thursday reported a 32 per cent growth in its net profit in the first three quarters of 2024-25. The net profit for the period -April to December 2024–was Rs 8038 crore versus Rs 6089 crore in the year-ago period,