New Delhi : Adani Ports and Special Economic Zone Ltd (APSEZ) reported 16% jump in its consolidated net profit to Rs 667 crore for the September quarter on increased income from operations. APSEZ, country’s largest port developer and part of Adani Group had reported a net profit of Rs 573.52 crore during the same period last fiscal.
Consolidated total income increased by 6% to Rs 1,986 crores while total expenses rose to Rs 912.84 crore.
“Our strategic intent is to continue to develop the port infrastructure along the Indian coastline and thereby benefit from the synergies this network brings to APSEZ,” said company chairman Gautam Adani.
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