-8.55 (-0.60%) Adani Ports and Special Economic Zone has reported results for third quarter ended December 31, 2011.
The company has reported a surge of 35.95% in its net profit of Rs 310.60 crore for the quarter ended December 31, 2011 as compared to Rs 228.47 crore for the same quarter in the previous year. Total income has increased by 53.05% from Rs 453.08 crore for Q3FY11 to Rs 693.44 crore in the quarter under review.
Mundra Port and Special Economic Zone is India’s largest private port and SEZ located on the west coast of India. It has 64 km of railway line with 7 railway siding and tow dedicated diesel locomotives. It has also constructed airstrip suitable for landing of mid-size jets.