Adani Ports and Special Economic Zone Ltd.

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Adani Ports and Special Economic Zone reports 65% rise in Q3 consolidated net profit

Date: 01-02-2024

Adani Ports and Special Economic Zone has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported many fold jump in net profit at Rs 525.49 crore for the third quarter ended December 31, 2023 as compared to Rs 11.40 crore for the same quarter in the previous year. Total income of the company increased by 36.98% at Rs 2,474.18 crore for Q3FY24 as compared Rs 1,806.30 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 65.22% rise in its net profit at Rs 2,208.21 crore for Q3FY24 as compared to Rs 1,336.51 crore for the same quarter in the previous year. Total income of the company increased by 47.03% at Rs 7,426.95 crore for Q3FY24 as compared Rs 5,051.17 crore for corresponding quarter of the previous year.