Mundra Port and Special Economic Zone reported net profit of Rs 228.47 crore for the quarter ended December 2010 against Rs 163.26 crore, year on year (YoY). Its sales turnover came at Rs 450.77 crore against Rs 337.84 crore, YoY.
The company's container volumes witnessed a 44% growth and the company aims to maintain this kind of growth going forward, said B Ravi, chief financial officer of Mundra Port & SEZ. Below is the verbatim transcript of Ravi's interview with CNBC-TV18's Anuj Singhal and Latha Venkatesh. Also watch the accompanying video. Q: The bigger trigger for your numbers was the container volumes at own terminals which saw about 44% growth and you saw margins over there, going forward what kind of growth can you expect from this? A: As far as containers are concerned I think we will continue to have this kind of growth because overall the container segment has been increasing. All the other ports which have been having minus growth and a wee bit growth in the last three quarter also showed some growth in the last quarter. As compared to them we have done much better, I think this whole trend is continuing and we should be doing well in that. Q:Your revenues come entirely from the port is there any other line of business, would power come at all under this unit? A: No. ItDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
