Adani Enterprises has announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, under Regulation 33 of SEBI Listing Regulations, showcasing exceptional financial performance driven by strategic divestments and operational excellence. The diversified conglomerate delivered remarkable growth with net profit surging 90 times year-on-year, primarily attributed to exceptional gains from the complete divestment of AWL Agri Business Limited.

Outstanding Financial Performance

The company's consolidated financial results for Q3FY26 demonstrated extraordinary growth across key metrics:

The exceptional profit growth was primarily driven by an exceptional gain of ₹56.32 billion from the complete divestment of AWL Agri Business Limited, while underlying business operations showed consistent improvement with EBITDA growth outpacing revenue expansion.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company maintained strong momentum despite some revenue normalization:

Strategic Divestment and Capital Allocation

The quarter was marked by the completion of Adani Commodities LLP's strategic exit from AWL Agri Business Limited. ACLLP sold its entire remaining 20% stake - 13% to Lence Pte Limited under a share purchase agreement and 7% in the market. This transaction generated ₹56.32 billion in exceptional gains and resulted in AWL ceasing to be an associate of the company.

Capital Market Initiatives

Adani Enterprises successfully completed major capital market activities during the period:

Operational Milestones

The company achieved several significant operational developments strengthening its infrastructure portfolio:

Regulatory Compliance and Governance

The Board of Directors approved the unaudited financial results at their meeting held on February 3, 2026. The results have been prepared in accordance with Indian Accounting Standards and reviewed by the statutory auditors Shah Dhandharia & Co LLP. The company has maintained security cover exceeding 110% on its listed non-convertible debentures and complied with all financial covenants.

Segment Performance Highlights

The company's diversified business segments showed mixed performance with airports leading growth. The airports business demonstrated strong momentum with revenue growth of 28% and EBITDA expansion of 42% in Q3FY26, benefiting from increased passenger traffic and the commencement of Navi Mumbai Airport operations.

Chairman Gautam Adani emphasized the company's robust operating performance and the strength of its incubator model, positioning the organization well for India's journey toward becoming a $5 trillion economy.

Source: Adani Enterprises Limited Q3FY26 Results Announcement

Adani Enterprises ' subsidiary Adani Defence has announced a strategic partnership with Leonardo, the Italian aerospace and defence company, to develop helicopter ecosystem capabilities in India. This collaboration marks a significant milestone in the company's expansion into the aerospace and defence manufacturing sector.

Strategic Partnership Details

The partnership between Adani Defence and Leonardo focuses on establishing a comprehensive helicopter ecosystem development program. Leonardo brings decades of expertise in helicopter design, manufacturing, and technology, while Adani Defence contributes its infrastructure capabilities and understanding of the Indian market.

Significance for Defence Manufacturing

This partnership aligns with India's push for self-reliance in defence manufacturing and the government's Make in India initiative. The collaboration is expected to enhance domestic capabilities in helicopter technology and potentially reduce dependence on imports for critical defence equipment.

Company Positioning

For Adani Enterprises, this partnership through its defence subsidiary represents continued diversification into strategic sectors beyond its traditional infrastructure and energy businesses. The move positions the company as a key player in India's growing defence manufacturing landscape.

The collaboration with Leonardo, a globally recognized leader in aerospace and defence technology, provides Adani Defence with access to advanced helicopter technologies and manufacturing expertise, potentially accelerating its growth in the defence sector.