Adani Ports and Special Economic Zone said a sharp rise in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 67.78% to Rs 5,735.20 million from Rs 3,418.30 million in the same quarter previous year.
Net sales for the quarter surged 43.94% to Rs 16,551.20 million, compared with Rs 11,499 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.77, registering 67.88% growth over previous year period.
| Quarterly Results - consolidated (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 16,551.20 | 11,498.80 | 43.94 |
| Net Profit | 5,735.20 | 3,418.30 | 67.78 |
| Basic EPS | 2.77 | 1.65 | 67.88 |
Shares of the company gained Rs 5, or 1.71%, to trade at Rs 297.80. The total volume of shares traded was 456,438 at the BSE (1.17 p.m., Monday).
