Brands
Adani Enterprises posts 90-fold profit on airports & energy
MUMBAI: Adani Enterprises Limited (AEL) has delivered a remarkable set of financial results this quarter, fueled by the long-awaited launch of the Navi Mumbai International Airport. The company’s third-quarter performance in FY26 has seen profits skyrocket, demonstrating that for AEL, the sky is just the beginning.
The most striking highlight is a staggering 90-fold jump in Profit After Tax (PAT), which soared to Rs 5,627 crore compared to Rs 58 crore in the same period last year. On a nine-month basis, net profit climbed 193 per cent to Rs 9,560 crore, reflecting the firm’s continued growth momentum. Total income for the nine-month period saw a slight decline of 4 per cent to Rs 69,756 crore, but AEL’s diversified portfolio and strategic investments have more than compensated for this dip. The quarter also included an exceptional gain of Rs 9,215 crore, mainly arising from a strategic stake sale in Adani Wilmar and the transfer of cement units to Ambuja Cements.
The star performer this quarter was the Navi Mumbai International Airport, which commenced operations on 25 December 2025. Completing operational readiness in under five years from acquisition is a significant achievement in the infrastructure sector. Across its portfolio of eight airports, AEL handled 70.6 million passengers in the first nine months of FY26. Airport revenue soared 31 per cent to Rs 9,652 crore, while EBITDA jumped 47 per cent to Rs 3,724 crore. Non-aeronautical revenue, including duty-free and dining operations, grew 33 per cent, with duty-free penetration reaching record highs, signaling that the company is successfully monetizing all aspects of its airport ecosystem.
Beyond airports, AEL’s New Industries (ANIL) segment is showing strong growth in renewable energy. Adani Solar has earned a spot among the top 10 global solar manufacturers, making it the only Indian company on the list. Solar module sales increased 40 per cent to 997 MW this quarter, while the wind division has begun delivering its 3.3 MW turbine models, with 12 sets already supplied to customers.
AEL’s incubator model, which nurtures emerging businesses before they become independent giants, continues to deliver results. Through AdaniConneX, the company operationalized 14.4 MW of data centre capacity across Pune and Hyderabad, bringing total operational capacity to over 50 MW. On the roads front, two new Hybrid Annuity Model (HAM) projects in Andhra Pradesh and Odisha became operational, expanding the total number of active road projects to nine. Investor confidence remains strong, with a recent Rights Issue oversubscribed by 30 per cent, raising Rs 24,930 crore to fund future growth.
Chairman Gautam Adani highlighted that these results reflect the “depth of our diversified infrastructure portfolio” and the company’s commitment to building “nationally critical assets.” With ESG ratings reaching the “A” leadership category for climate change and water security, AEL is focused not only on rapid growth but also on responsible development.
As FY26 progresses, Adani Enterprises appears to have found an optimal cruising altitude. With its foundations in airports, energy, data, and infrastructure growing stronger, the company is proving that it can deliver high performance while building assets critical to India’s growth.
Brands
Faber-Castell India appoints Sunaina Haldar as director – marketing
With stints at Tata, SleepyCat and ADF Foods under her belt, Haldar is primed to redraw Faber-Castell’s brand story
MUMBAI: Faber-Castell India has poached Sunaina Haldar from ADF Foods, appointing her director – marketing as the German stationery brand looks to muscle up in a category that is rapidly reinventing itself around creativity and self-expression.
Haldar hit the ground running. “My first couple of weeks have been incredibly energising, understanding consumers, visiting markets, engaging with retailers and immersing myself into the world of Faber-Castell Group,” she said.
She arrives with considerable firepower. At ADF Foods, Haldar ran marketing across India and international markets for a portfolio spanning Ashoka, Aeroplane, Camel and ADF Soul. Before that, she was vice-president – marketing at direct-to-consumer mattress brand SleepyCat, where she helmed brand, content and performance marketing. Her résumé also includes a stint leading marketing, new product development and CRM for Tata SmartFoodz at Tata Consumer Products, no small proving ground.
Between corporate roles, Haldar also operated as a fractional CMO for early-stage startups, building marketing strategy and operational structures from scratch, a signal that she knows how to move fast with limited resources.
With 18 years straddling FMCG, D2C and the startup world, Haldar now takes the reins at a brand that has long owned the classroom but is clearly hungry for the living room. In a stationery market where the pencil has become a lifestyle statement, Faber-Castell has picked someone who knows exactly how to sell that story.
