Adani Ports and Special Economic Zone Ltd.

Adani Ports and Special Economic Zone has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 3.73% in its net profit at Rs 674.48 crore for the quarter under review as compared to Rs 700.59 crore for the same quarter in the previous year. Total income of the company decreased by 10.57% at Rs 2,166.63 crore for Q4FY19 as compared Rs 2,422.71 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 41.45% in its net profit at Rs 1,314.19 crore for the quarter under review as compared to Rs 929.06 crore for the same quarter in the previous year. Total income of the company marginally increased by 0.16% at Rs 3,492.72 crore for Q4FY19 as compared Rs 3,487.29 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 9.54% in its net profit at Rs 2,637.72 crore as compared to Rs 2,408.10 crore for the previous year. However, total income of the company decreased by 10.57% at Rs 7,679.28 crore for year under review as compared to Rs 8,141.14 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 9.62% in its net profit at Rs 4,044.75 crore as compared to Rs 3,689.95 crore for the previous year. However, total income of the company marginally decreased by 0.37% at Rs 12,287.78 crore for year under review as compared to Rs 12,333.89 crore for year ended March 31, 2018.