Adani Ports & Special Economic Zone Ltd.

Adani Ports Q4 preview: Net profit likely to fall up to 20%

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Adani Ports Q4 preview: Net profit likely to fall up to 20%

NEW DELHI: and Special Economic Zone is likely to see a drop in the March quarter profit to the tune of 20 per cent, according to analysts tracking the company. They, however, have different views on the company’s top line growth. Broking expects adjusted profit after tax (PAT) to decline about 19 per cent compared … Read more

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

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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