Adani Ports Q3 PAT up 34% at Rs 311 cr

22957 Investors following Adani Ports. Share this News with them.

0

Like this story, share it with millions of investors on M3

Adani Ports Q3 PAT up 34% at Rs 311 cr

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.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ News and Notices about Adani Ports See interviews with Adani Ports Management See what other Experts & Brokerages are saying about Adani Ports See previous Results of Adani Ports

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.