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    Adani Enterprises Records Quarterly Loss Following US Sanctions Settlement Costs</TITLE]Adani GroupThe conglomerate’s premier Mumbai airport initiates international flightsAdani Enterprises’ earnings for the April-June quarter were hit by a one-time charge to settle allegations by the U.S. that the company violated sanctions against Iran. © ReutersMUMBAI — Adani Enterprises reported its second straight quarterly loss on Wednesday. The deficit was driven by a significant one-time charge related to a May settlement regarding a U.S. sanctions investigation, which offset strong revenue growth from the company’s airport and copper smelting divisions.

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    Adani Enterprises Records Quarterly Loss Following US Sanctions Settlement Costs</TITLE]Adani GroupThe conglomerate’s premier Mumbai airport initiates international flightsAdani Enterprises’ earnings for the April-June quarter were hit by a one-time charge to settle allegations by the U.S. that the company violated sanctions against Iran. © ReutersMUMBAI — Adani Enterprises reported its second straight quarterly loss on Wednesday. The deficit was driven by a significant one-time charge related to a May settlement regarding a U.S. sanctions investigation, which offset strong revenue growth from the company’s airport and copper smelting divisions.

    Adani Enterprises Records Quarterly Loss Following US Sanctions Settlement CostsAdani Group

    The conglomerate’s premier Mumbai airport initiates international flights

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    Adani Enterprises’ earnings for the April-June quarter were hit by a one-time charge to settle allegations by the U.S. that the company violated sanctions against Iran. © Reuters

    MUMBAI — Adani Enterprises reported its second straight quarterly loss on Wednesday. The deficit was driven by a significant one-time charge related to a May settlement regarding a U.S. sanctions investigation, which offset strong revenue growth from the company’s airport and copper smelting divisions.

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