Adani Ports and Special Economic Zone announced a good increase in consolidated net profit for the quarter ended December 2015. During the quarter, the profit of the company rose 25.95% to Rs 6,449.60 million from Rs 5,120.80 million in the same quarter last year.
Revenues for the quarter rose 10.94% to Rs 17,178.60 million, compared with Rs 15,485 million for the prior year period.
Operating margin for the quarter stood at 45.59 percent as compared to 43.82 percent for the previous year period. Operating Income for the quarter was Rs 7,831.60 million, compared with Rs 6785.6 million in the previous year period.
Earnings per share for the quarter stood at Rs 3.11, registering 25.91% growth over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Dec - 15 | Dec - 14 | %Change |
Revenues | 17,178.60 | 15,484.60 | 10.94 |
Net Profit | 6,449.60 | 5,120.80 | 25.95 |
Diluted EPS | 3.11 | 2.47 | 25.91 |
Shares of the company declined Rs 10.35, or 5.49%, to trade at Rs 178.15. The total volume of shares traded was 1,087,585 at the BSE (3.24 p.m., Friday).