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Adani Ports shares decline over 2% post earnings

Adani Ports and Special Economic Zone on Tuesday reported a 6.20 per cent decline in consolidated profit to Rs 1,478.76 crore for the third quarter ended December 2021

Topics
Adani Ports | Adani Ports and Special Economic Zone APSEZ | APSEZ

Press Trust of India  |  New Delhi 



Adani ports
This would enable APSEZ to service customers in Maharashtra, which includes the highly industrial areas and development in the Mumbai & Pune regions

Shares of and Special Economic Zone (APSEZ) on Wednesday slipped over 2 per cent after the company reported a 6.20 per cent decline in consolidated profit for the third quarter ended December 2021.

The stock declined 2.41 per cent to Rs 721.50 on the BSE.

At the NSE, it dipped 2.33 per cent to Rs 721.50.

and Special Economic Zone on Tuesday reported a 6.20 per cent decline in consolidated profit to 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 ago, according to a regulatory filing.

Its total consolidated income increased to Rs 4,422.73 crore in the December 2021 quarter, from Rs 4,274.79 crore in the year-ago period.

(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: Wed, February 02 2022. 13:57 IST

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