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.

Adani Ports missed the Bloomberg estimates, which projected its net profit at Rs 2,589.4 crore, a jump of 17.3 per cent year-on-year, according to reports

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.

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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).

India's Adani Power posted a smaller quarterly core profit on Wednesday due to a sharp drop in power demand and the thermal power producer also said it would raise 50 billion rupees ($578 million) by selling shares to institutional investors.

The EBITDA margin of the company rose from 60 per cent during the nine-month period in FY24 to 62 per cent in the nine-month period in FY25.