Adani Enterprises shares jump 5% after nearly 60 lakh shares worth Rs 1,435 crore change hands in block deal

Shares of flagship Adani firm Adani Enterprises rallied as much as 5.3% to their day’s high of Rs 2,634 on the BSE on Thursday after nearly 60 lakh shares changed hands in a block deal. With today’s gain, the stock is up 10% in two sessions.

According to media reports, the block deal, valued at around Rs 1,435 crore, was executed at Rs 2,435.60 per share, representing a 2.5% discount to the previous closing price of Rs 2,500. The Economic Times could not independently verify the buyers and sellers involved in the transaction.

Adani Enterprises Q4 Results

Adani Ent reported a net loss of Rs 221 crore for the fourth quarter, compared with a profit of Rs 3,845 crore in the corresponding period last year. Revenue from operations, however, rose 20% year-on-year to Rs 32,439 crore during the quarter. Adani Enterprises said profitability during the quarter was impacted by higher depreciation charges related to newly commissioned assets at Navi Mumbai and the copper plant.Operationally, performance remained relatively stable, with EBITDA rising 3% year-on-year to Rs 4,479 crore from Rs 4,346 crore in the year-ago period. The company said its core infrastructure businesses remained resilient despite volatility in certain segments.

It added that nearly 80% of total EBITDA is now being contributed by its infrastructure and utility portfolio, improving earnings visibility and strengthening cash flow stability. For the full financial year FY26, the company reported a 3% increase in total income to Rs 1.02 lakh crore. EBITDA for the year stood at Rs 16,464 crore, while profit after tax rose 31% to Rs 9,339 crore, aided by exceptional gains during the period.

Chairman Gautam Adani said the company has transitioned into a more stable infrastructure-led business model, with a majority of EBITDA now coming from mature and long-term contracted assets. He added that this positions the group well for sustained cash generation and long-term value creation.

Among individual businesses, airports continued to deliver strong growth, with segment EBITDA rising sharply on the back of higher passenger traffic and growth in non-aero revenues. The Adani New Industries ecosystem, which includes renewable energy and green hydrogen businesses, also reported steady growth.

In the roads business, construction activity slowed considerably during the quarter. However, the company continued to expand its infrastructure pipeline by adding new hybrid annuity and toll-operate-transfer projects.

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Adani Enterprises also highlighted progress across key infrastructure assets, including the inauguration of the Ganga Expressway and capacity expansion in its data centre and airport businesses.

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