NE BUSINESS BUREAU
AHMEDABAD, OCT 27
Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday reported a 30.51 percent decline in its consolidated net profit to Rs 968.34 crore for the second quarter ended September 30 while the income increased to Rs 4,066.78 crore.
#AdaniPorts consolidated results for Q2 FY22 – Cargo Volume up by 47% & Total Revenue up by 56%.#Adani #FinancialResults #Q2FY22
— Adani Ports and SEZ Ltd (@Adaniports) October 27, 2021
The country’s largest integrated logistics player had clocked a consolidated net profit of Rs 1,393.69 crore in the same period a year earlier, the company said.
Its total consolidated income increased to Rs 4,066.78 crore for the second quarter, against Rs 3,423.16 crore in the year-ago period.
The company’s total expenses during the quarter under review increased to Rs 2,509.81 crore, compared to Rs 1,622.78 crore a year ago.
