Saturday, October 27, 2012

Adani Port & SEZ Q2 net profit up 57% to Rs 430 cr



India's largest private port developer Adani Port and SEZ 's net profit grew by 57.35% year-on-year to Rs 429.56 crore in the second quarter of financial year 2012-13.

Net sales rose by 12.5% to Rs 697.58 crore from Rs 620 crore during the same period. Analysts on an average had expected net profit at Rs 312 crore and net sales of Rs 710 crore.

The cargo handled by the company at its Adani ports stood at 20.43 MMT, an increase of 15%, over the corresponding quarter a year ago.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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