Adani Ports Q4 Net Profit Surges 77% to Rs 2,014.77 Crore
By Rediff Money Desk, NEWDELHI May 02, 2024 13:48
Adani Ports'' Q4 net profit jumps 77% to Rs 2,014.77 crore, driven by strong revenue growth. Read more about the company''s performance.
New Delhi, May 2 (PTI) Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday reported a 76.87 per cent jump in consolidated net profit to Rs 2,014.77 crore for the fourth quarter ended March 2024.
The country's largest integrated logistics player had clocked a profit of Rs 1,139.07 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.
Its consolidated total income increased to Rs 7,199.94 crore for the fourth quarter of the FY24 against Rs 6,178.35 crore in the year-ago period.
The total expense also rose to Rs 4,450.52 crore in the quarter under review from Rs 3,995 crore a year ago.
The country's largest integrated logistics player had clocked a profit of Rs 1,139.07 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.
Its consolidated total income increased to Rs 7,199.94 crore for the fourth quarter of the FY24 against Rs 6,178.35 crore in the year-ago period.
The total expense also rose to Rs 4,450.52 crore in the quarter under review from Rs 3,995 crore a year ago.
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