Adani Ports & Special Economic Zone Q4FY17 consolidated net profit rises 27% yoy

Adani Ports & Special Economic Zone Q4FY17 consolidated net profit rises 27% yoy

Adani Ports consolidated revenue for the quarter came in at Rs. 2231 crore, registering 17.5% yoy increase. This was primarily driven by 15.8% yoy increase in revenue from ports &sez activities.

EBITDA for the quarter rose by 32.3% yoy to Rs. 1638 crore with a corresponding margin contraction of 823 bps. EBITDA margin for the quarter stood at 73.4%. This margin contraction was aided by 20% yoy increase in operating expences.

The PAT for the quarter came in at Rs. 1179 crore, yoy increase of 27%. Read More…

 

 

Credit By: India Info Line

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