Adani Ports Q3 PAT up 34% at Rs 311 crPublished on Mon, Feb 06, 2012 at 15:28 | Source : CNBC-TV18 Updated at Mon, Feb 06, 2012 at 15:29
Adani Ports and SEZ has reported a profit after tax of Rs 311 crore in the third quarter of FY12, a growth of 34% as compared to Rs 228 crore in a year ago quarter. Total income rose 53% to Rs 691 crore from Rs 451 crore. Expenditure increased 43% to Rs 279 crore from Rs 195 crore year-on-year. EBITDA too was up by 56% to Rs 481 crore from Rs 308 crore during the same period. Operating profit margin improved at 69.71% in the October-December quarter of FY12 versus 68.42% in the corresponding quarter of last fiscal. Operating expenses rose 29% to Rs 141 crore and depreciation cost went up 32% to Rs 70 crore. Administration and other expenses increased 4.90 times to Rs 78 crore.
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