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. The company's consolidated net profit declined to 578.

Adani Enterprises Ltd's quarterly profits plummet by 97%, citing forex losses and low volumes, but overall growth remains strong.

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).

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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.