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Home Ports and Shipping

Adani Ports profit up 16% to Rs. 667 crore

byCustoms Today Report
02/11/2015
in Ports and Shipping
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LONDON: Adani Ports and Special Economic Zone has reported results for second quarter ended September 30, 2015.

The company has reported 95.89% rise in its net profit at Rs 1036.96 crore for the quarter ended September 30, 2015 as compared to Rs 529.37 crore for the same quarter in the previous year. The company’s total income has increased by 40.64% to Rs 1803.54 crore for the quarter under review from Rs 1282.41 crore for the corresponding quarter of the previous year.

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On the consolidated basis, the company has reported 16.38% rise in its net profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 667.46 crore for the quarter ended September  30, 2015 as compared to Rs 573.52 crore for the same quarter in the previous year. Total income of the company has increased by 6.30% at Rs 1985.94 crore for quarter under review as compared to Rs 1868.29 crore for the quarter ended September 30, 2014.

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