Monday 27 January 2014

Adani Ports and Special Economic Zone reports 25% rise in Q3 consolidated net profit

Adani Ports and Special Economic Zone has reported results for third quarter ended December 31, 2013.

The company has reported 14.83% rise in its net profit at Rs 477.05 crore for the quarter as compared to Rs 415.43 crore for the same quarter in the previous year. Total income from operations of the company increased by 13.44% at Rs 1052.01 crore for quarter under review, as compared to Rs 927.36 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 24.76% rise in its net profit after taxes and Minority Interest at Rs 450.51 crore for the quarter as compared to Rs 361.09 crore for the same quarter in the previous year. Total income from operations of the company has increased by 15.54% at Rs 1243.68 crore for quarter under review as compared to Rs 1076.43 crore for the quarter ended December 31, 2012.

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