Ten Adani Group companies will announced their October-December quarter financial results between Jan. 23 and 30. These include Adani Enterprises Ltd., Adani Ports and Special Economic Zone Ltd. and Adani Energy Solutions Ltd.
The profit and loss statement, along with other announcements like dividend, press release and investor presentation, will be released through a stock exchange filing after the board meeting.
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Adani Green Energy Ltd. and Adani Energy Solutions will share their third quarter earnings statement on Jan. 23.
Adani Energy Solutions is projected to report a revenue of Rs 5,280 crore in the third quarter, according to analyst concensus estimates compiled by Bloomberg. The net profit is estimated to be Rs 2,322 crore.
The bulk of Adani Group earnings will arrive next week.
On Jan. 27, ACC Ltd., Sanghi Industries Ltd., Adani Wilmar Ltd. and Adani Total Gas Ltd. will release their December quarter earnings.
Cement-maker ACC is likely to draw a revenue of Rs 4,948 crore and a bottomline of Rs 346 crore.
The financial results of Adani Power Ltd. and Ambuja Cements Ltd. will arrive on Jan. 29.
The conglomerate's flagpship Adani Enterprises Ltd. and Adani Ports' earnings will be out on Jan. 30.
Estimates peg Adani Enterprises' revenue at Rs 29,727 crore and profit of Rs 1,852 crore in the quarter under review.
After the results are out, company executives will hold their post-earnings conference call with analysts. The management commentary during the concall is closely tracked to gauge the company's outlook.
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