Adani Ports and Special Economic Zone Ltd.

BSE: 532921 | NSE: ADANIPORTS
Large Cap | Port
1402.50
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Adani Ports and Special Economic Zone reports 61% jump in Q2 consolidated net profit

Date: 25-10-2016

Adani Ports and Special Economic Zone has reported results for second quarter ended September 30, 2016.   

The company has reported 13.48% fall in its net profit at Rs 916.67 crore for the quarter under review as compared to Rs 1059.51 crore for the same quarter in the previous year. Total income of the company decreased by 12.34% at Rs 1597.78 crore for the quarter under review as compared Rs 1822.69 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 60.97 % rise in its net profit after taxes, minority interest and share of profit of associates at Rs 1090.81 crore for the quarter ended September 30, 2016 as compared to Rs 677.64 crore for the same quarter in the previous year. Total Income of the company has increased by 23.56 % to Rs 2416.77 crore for quarter under review from Rs 1955.99 crore for the quarter ended September 30, 2015.