The conglomerate has been working to restore market confidence by pledging early repayment of $1.1 billion in loans, and shares in its listed entities have since recovered from their rout. Flagship Adani Enterprises posted a net profit of 8.2 billion rupees ($99 million) for the three months to December, up from a loss of 116 million rupees from a year before, in a filing Tuesday. "Our success is due to our strong governance, strict regulatory compliance, sustained performance, and solid cashflow generation," Adani, 60, said in the earnings report. "The current market volatility is temporary," he added, saying the company was committed to keeping leverage "moderate" and looking for growth opportunities. Revenue jumped 42 per cent on-year to 269 billion rupees ($3.3 billion). Adani Enterprises shares closed 1.9 percent higher in Mumbai.