Adani Ports and Special Economic Zone has reported results for first quarter ended June 30, 2022.
The company has reported net loss of Rs 384.50 crore for the quarter under review as compared to net profit of Rs 138.41 crore for the same quarter in the previous year. However, total income of the company increased by 14.84% at Rs 1,851.99 crore for Q1FY23 as compared Rs 1,612.67 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 16.86% in its net profit at Rs 1,091.56 crore for the quarter under review as compared to Rs 1,312.99 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.51% at Rs 5,099.25 crore for Q1FY23 as compared Rs 5,073.53 crore for the corresponding quarter previous year.