Indian conglomerate had reported losses for two consecutive quarters Adani Enterprises had posted a loss of 11.6 billion rupees in the April-June quarter, hit by a 26.44 billion rupee settlement of a U.S.
Indian conglomerate had reported losses for two consecutive quarters Adani Enterprises had posted a loss of 11.6 billion rupees in the April-June quarter, hit by a 26.44 billion rupee settlement of a U.S. sanctions probe, as well as a loss in the January-March quarter. MUMBAI -- India's Adani Enterprises broke a streak of quarterly losses as it reported a profit for the three months through September, aided by strong profits in the copper smelting, renewable energy products and airports divisions.