Adani Ports reports 42% rise in Q3 consolidated net profit

06 Feb 2019

Adani Ports and Special Economic Zone has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 74.21% in its net profit at Rs 916.32 crore for the quarter under review as compared to Rs 525.99 crore for the same quarter in the previous year. Total income of the company increased by 5.40% at Rs 1923.38 crore for Q3FY19 as compared Rs 1824.87 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 41.70% in its net profit at Rs 1408.60 crore for the quarter under review as compared to Rs 994.07 crore for the same quarter in the previous year. Total income of the company increased by 8.34% at Rs 3168.88 crore for Q3FY19 as compared Rs 2924.85 crore for the corresponding quarter previous year.

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