Adani Enterprises Ltd.'s net profit for the third quarter of fiscal 2024 more than doubled on higher operating profit and margin.
Adani New Industries Ecosystem
Solar Manufacturing
The company has achieved an operational module line capacity of 4 GW. It has continued with production of wafer from its pilot plant, while commissioning of 2 GW plant has progressed as per schedule.
Wind Turbine Manufacturing
The order book for wind turbine manufacturing in Q3 FY24 was 142 sets. The company produced 15 wind turbine generation sets and supplied seven sets.
The production ramp-up of blade, nacelle and hub facility was in line with delivery schedule.
Electrolysers Manufacturing
The company has received a Letter of Award for set-up of annual manufacturing capacity of 198.5 MW. Civil foundation and flooring works were completed for the testing and laboratory set up
AdaniConnex (ACX-Data Center)
The construction work at the 50 MW Noida Data Center is 74% complete.
Construction work at the Hyderabad Data Center is around 85% complete for Phase-1 of 9.6 MW.
The company has 112 plus MW from Hyperscale Enterprise customers.
Adani Airports Holdings (AAHL-Airports)
The company's airports division has added 19 new routes, nine new airlines and five new flights in Q3 FY24.
It also said that its progress on construction of the Navi Mumbai airport is on schedule.
Adani Enterprises shares closed 0.35% higher, as compared with a 0.15% fall in the benchmark Sensex.
Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Ltd., an Adani Group company.
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