Aey bhai, Adani Enterprises ka Q3 FY26 ka result aa gaya hai aur numbers dekh kar lagta hai company ne kamaal kar diya. Consolidated revenue toh 8.63% badhkar ₹24,819.59 crore ho gaya hai Q3 mein. Lekin, agar pehle 9 mahine dekhein toh revenue 4.10% girkar ₹68,029.30 crore par aa gaya hai.
Ab sabse bada dhamaka hai consolidated Profit After Tax (PAT) mein. Yeh Q3 FY26 mein ₹5,726.57 crore pahunch gaya, jo pichhle saal ke ₹232.30 crore ke comparison mein toh rocket ho gaya! Iska main reason hai Adani Wilmar Limited (AWL) mein stake sale se mila ₹5,632.09 crore ka exceptional gain. Yaani ki yeh koi baar baar hone wala profit nahi hai. Pichhle 9 mahine mein consolidated PAT 152.77% badhkar ₹10,117.48 crore ho gaya hai.
Lekin asli picture toh standalone numbers mein hai. Yahan revenue Q3 mein 14.16% girkar ₹5,304.07 crore reh gaya hai, pichhle saal ke ₹6,156.76 crore se. Haan, standalone PAT bhi ₹6,295.99 crore ho gaya hai, lekin yeh bhi AWL stake sale se aaye ₹5,870.84 crore ke exceptional gain ki wajah se hai. 9 mahine ka standalone PAT 520.9% badhkar ₹11,034.49 crore ho gaya. Seedha bolun toh, company ka core business toh slow ho raha hai, par stake sale ne numbers chamka diye.
Ab aata hai asli "grill" wala part. Jo numbers chamak rahe hain na, uske peeche kuch bade risk bhi chhupe hain. Sabse badi chinta toh subsidiaries mein chal rahi investigations hain. Mumbai International Airport Limited (MIAL) par CBI, ED aur MCA fund diversion ke aarop mein jaanch kar rahe hain, jo lagbhag ₹845.76 crore ka maamla hai. Upar se MIAL ka Airports Authority of India (AAI) ke saath bhi arbitration chal raha hai fees ko lekar. Navi Mumbai International Airport Private Limited (NMIAL) bhi MCA ki jaanch mein hai. Aur toh aur, company ko ₹863.62 crore ke custom duty demand notices bhi mile hain! Saath hi, company ne ₹24,930.30 crore ka rights issue bhi manage kiya hai.
Toh bhai log, yeh headline PAT numbers ko dekhkar khush mat ho jana. Asli performance toh operational growth mein hai, jo abhi dikh nahi raha. Aage chal kar yeh dekho ki investigations ka kya hota hai, custom duty ka issue kaise sulajhta hai aur AAI ke saath arbitration ka kya hota hai. Company ka Debt-to-Equity ratio 1.19 hai (jo pehle 1.35 tha, toh thoda sudhara hai) aur interest coverage 2.72 hai. Ye numbers bhi track karna zaroori hai.