Adani Ports Q3 Result Preview: Profit may drop up to 30%; here’s why

Adani Ports Q3 Result Preview: Profit may drop up to 30%; here’s why

NEW DELHI: Adani Ports & SEZ is likely to report over 20-30 per cent drop in net profit for the December quarter, partly led by foreign exchange gains in the year-ago quarter. Sales are seen falling in single digits, analysts said. The company’s cargo (ex-Gangavaram) declined 12 per cent YoY to 67.2 million tonnes in … Read more