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Adani Enterprises Ltd., led by billionaire Gautam Adani , reported an 84% jumpBloomberg Terminal in quarterly profit on one-time gains due to sale of its stake in the agri business and gains from restructuring its cements units. It also approved a $2.8 billion rights issue. Net income at the Adani Group’s flagship was 32 billion rupees ($361 million) for the quarter ended Sept. 30, compared with 17.4 billion rupees a year ago, according to an exchange filing Tuesday. There weren’t enough brokerages with profit estimates for Bloomberg to derive an average net income forecast. It posted one-off income of 35.8 billion rupees
