Adani Ports Q4 net profit 2.63 pc rise to Rs 1,140.97 crore

Consolidated total income increased to Rs 6,179.12 crore

ADANI-INDIA/STOCKS

Adani Ports and Special Economic Zone Limited (APSEZ), on Tuesday, reported a 2.63 per cent rise in consolidated net profit to Rs 1,140.97 crore for the fourth quarter ended March 2023.

The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,111.63 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.

Its consolidated total income increased to Rs 6,179.12 crore for the fourth quarter of the last fiscal against Rs 4,739.08 crore in the year-ago period.

The total expenses also rose to Rs 3,993.62 crore in the quarter under review from Rs 3,497.49 crore a year ago.

📣 The Week is now on Telegram. Click here to join our channel (@TheWeekmagazine) and stay updated with the latest headlines