Adani Ports reports 51% rise in Q1 consolidated net profit

01 Aug 2013

Adani Ports and Special Economic Zone has reported results for first quarter ended June 30, 2013.

The company has reported 58.49% rise in its net profit at Rs 663.15 crore for the quarter as compared to Rs 418.42 crore for the same quarter in the previous year. Total income of the company has increased by 122.45% at Rs 1804 crore for quarter under review as compared to Rs 810.94 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a rise of 51.12% in its net profit after taxes, minority interest at Rs 417.50 crore for the quarter as compared to Rs 276.26 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has increased by 73.35% at Rs 1567.97 crore for quarter under review as compared to Rs 904.48 crore for the quarter ended June 30, 2012.

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