Adani Enterprises Posts Quarterly Loss After One-Time OFAC Settlement Charge

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Reuters | July 29, 2026 | 03:04 PM IST | Breaking News, Business, India | Follow on Google News

Adani Enterprises Posts Quarterly Loss After One-Time OFAC Settlement Charge

July 29 (Reuters) – India’s Adani Enterprises reported ​a quarterly loss ‌on Wednesday, due to a one-time ​charge regarding ​a settlement agreement with ⁠U.S. Office ​of Foreign Assets ​Control.

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The flagship firm of billionaire Gautam Adani-led ​conglomerate posted ​a consolidated net loss ‌of ⁠11.60 billion rupees ($121.3 million) in the quarter ended ​June ​30 ⁠from a profit of ​8.85 billion ​rupees ⁠a year ago.

($1 = 95.6050 Indian ⁠rupees)

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Reuters