Adani Ports Q3 net profit declines 6% to Rs 1,478.76 cr, revenue flat
Its total consolidated income increased to Rs 4,422.73 cr in the latest December quarter from Rs 4,274.79 cre in the year-ago period
 "Adani Ports quarterly consolidated profit falls 6.2% to Rs 1,478.76 crore")
Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 6.20 per cent decline in consolidated profit at Rs 1,478.76 crore for the third quarter ended December 2021.
The country's largest integrated logistics player had clocked a consolidated profit of Rs 1,576.53 crore in the corresponding period a year earlier, according to a regulatory filing.
Its total consolidated income increased to Rs 4,422.73 crore in the latest December quarter from Rs 4,274.79 crore in the year-ago period. Consolidated revenue from operations was nearly flat at Rs 3,797 crore as against Rs 3,746 crore a year ago.
The company's total expenses during the quarter under review rose to Rs 2,738.86 crore compared to Rs 2,258.62 crore in the same period a year ago.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Feb 01 2022 | 6:40 PM IST