Adani Ports and Special Economic Zone announced a substantial rise in consolidated net profit for the quarter ended June 2016. During the quarter, the profit of the company rose 30.80% to Rs 8,357.10 million from Rs 6,389.30 million in the same quarter previous year.
Revenues for the quarter rose 6.52% to Rs 18,265.80 million, compared with Rs 17,148 million for the prior year period.
Operating margin for the quarter stood at 64.04 percent as compared to 65.14 percent for the previous year period. Operating Income for the quarter was Rs 11,697.70 million, compared with Rs 11169.6 million in the previous year period.
Earnings per share for the quarter stood at Rs 4.04, registering 30.74% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 18,265.80 | 17,147.80 | 6.52 |
| Net Profit | 8,357.10 | 6,389.30 | 30.80 |
| Diluted EPS | 4.04 | 3.09 | 30.74 |
Shares of the company gained Rs 11.8, or 4.93%, to trade at Rs 251.35. The total volume of shares traded was 584,438 at the BSE (10.34 a.m., Wednesday).
