Adani Ports and Special Economic Zone Ltd.

BSE: 532921 | NSE: ADANIPORTS
Large Cap | Port
1413.90
35.45 (2.57%)
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Adani Ports shines despite reporting 74% fall in Q4 consolidated net profit

Date: 07-05-2020

Adani Ports and Special Economic Zone is currently trading at Rs. 283.75, up by 13.20 points or 4.88% from its previous closing of Rs. 270.55 on the BSE.

The scrip opened at Rs. 274.80 and has touched a high and low of Rs. 284.40 and Rs. 269.90 respectively. So far 104294 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 430.00 on 23-May-2019 and a 52 week low of Rs. 203.40 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 284.40 and Rs. 256.05 respectively. The current market cap of the company is Rs. 57315.72 crore.

The promoters holding in the company stood at 62.46%, while Institutions and Non-Institutions held 34.56% and 2.98% respectively.

Adani Ports and Special Economic Zone (APSEZ) has reported a fall of 25.83% in its net profit at Rs 500.29 crore for the quarter ended March 31, 2020 as compared to Rs 674.48 crore for the same quarter in the previous year. However, total income of the company increased by 10.04% at Rs 2384.26 crore for Q4FY20 as compared Rs 2166.63 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 73.99% in its net profit attributed to equity holders at Rs 334.39 crore for the quarter ended March 31, 2020 as compared to Rs 1285.38 crore for the same quarter in the previous year. Total income of the company decreased by 3.80% at Rs 3360.17 crore for Q4FY20 as compared Rs 3492.72 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the company has reported a fall of 26.67% in its net profit at Rs 1934.25 crore as compared to Rs 2637.72 crore for the previous year. Total income of the company decreased by 1.73% at Rs 7546.25 crore for year under review as compared to Rs 7679.28 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the company has reported a fall of 5.69% in its net profit attributed to equity holders at Rs 3763.13 crore as compared to Rs 3990.22 crore for the previous year. However, total income of the company increased by 11.77% at Rs 13734.42 crore for year under review as compared to Rs 12287.78 crore for year ended March 31, 2019.