Adani Ports Q2 profit rises 37% to Rs 2,413.54 crore Representative image
Corporate Watch

Adani Ports Q2 profit rises 37% to Rs 2,413.54 crore

Adani Port on Tuesday reported a 37 percent rise in consolidated net profit at Rs 2,413.54 crore for the quarter ended September 2024, mainly on the back of higher revenues

PTI

New Delhi: Adani Ports and Special Economic Zone (APSEZ) on Tuesday reported a 37 percent rise in consolidated net profit at Rs 2,413.54 crore for the quarter ended September 2024, mainly on the back of higher revenues.

PSU Watch is now on Whatsapp Channels. Click here to join

The consolidated net profit of the company stood at Rs 1,762 crore in the quarter ended on September 30, 2023, the company said in a regulatory filing.

Total income in the July-September 2024-25 period increased to Rs 7,372.37 crore, from Rs 6,951.86 crore in the year-ago quarter.

Total expenses in the period under review reduced marginally to Rs 4,433.96 crore, from Rs 4,477 crore in the year-ago quarter.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks