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
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
MUMBAI: Adani Ports and Special Economic Zone Ltd reported a robust 32 per cent growth in September quarter net profit, helped by reopening of the economy. The company is now hopeful of higher cargo volumes going ahead. Shares of the private multi-port operator, however, have been languishing for a while, and are down 9.2 per … Read more