Adani Ports and Special Economic Zone Ltd.

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Mundra Port’s Q1 net registers 20% growth

Date: 04-08-2011

Mundra Port and Special Economic Zone has reported results for the quarter ended June 30, 2011.

The company’s net profit for quarter grew by 20.38% at Rs 254.37 crore as compared to Rs 211.30 crore for the quarter ended June 30, 2010. Its total income has increased by 27.28% at Rs 530.03 crore for the June quarter of the previous fiscal from Rs 416.42 crore for the corresponding quarter of the previous fiscal.

Mundra Port & Special Economic Zone (MPSEZ) is promoted by the Adani Group. The Adani Group started MPSEZ as a trading house and now it has diversified itself in commodity trading, the development of infrastructure and energy.