Moneycontrol Be a Pro
Get App
Last Updated : Jan 27, 2014 01:15 PM IST | Source: Moneycontrol.com

Adani Ports & SEZ Q3: Investors to eye balance sheet

Adani Ports and Special Economic Zone Ltd is set to report third-quarter earnings Monday. Investors will likely look for developments on the balance sheet to see if it has rolled back any of the slew of loans and advances (inter-corporate deposits) it has entered into.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Adani Ports and Special Economic Zone Ltd is set to report third-quarter earnings Monday. Investors will likely look for developments on the balance sheet to see if it has rolled back any of the slew of loans and advances (inter-corporate deposits) it has entered into.


A consensus of Dalal Street analysts expects standalone total income to rise 6.1 percent year-on-year, from 892 crore to Rs 947 crore. Net profit is seen rising 2.4 percent at Rs 426 crore, versus Rs 415 crore in the third quarter.


Also read: HC orders suspension of activity at 12 Adani SEZ units

Close

Analysts expect standalone cargo growth at 18 percent year-on-year at 25 million tonne, led by coal, fertilizer and container segments, while volume growth (up 18-20 percent) will likely drive results for the port business.

The stock is generally very volatile on earnings day with swings ranging between 8-12 percent respectively. The stock rallied 12 percent on first-quarter result day.



Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
First Published on Jan 27, 2014 01:15 pm
Loading...
Follow us on
Available On