Adani Ports Q4 Results: Adani Ports reported a quadruple jump innet profit to Rs 1,287.81 crore
Port-to-energy conglomerate Adani Ports and Special Economic Zones or APSEZ reported a 285 per cent growth – a quadruple jump in net profit at Rs 1,287.81 crore in the January-March quarter of the financial year 2020-21, compared to Rs 334.39 in the corresponding quarter last year. The country’s largest private multi-port operator reported a 24 per cent rise in the operating revenue to Rs 3,607.90 crore in the March quarter, compared to Rs 2,921.19 crore in the same quarter last year. (AlsoRead: Adani Ports Says Could Abandon Myanmar Project )
On Tuesday, shares of Adani Ports and Special Economic Zones settled 0.99 per cent higher at Rs 768.80 apiece on the BSE.