Adani Ports and SEZ Ltd (APSEZL), India’s largest port developer and a part of conglomerate Adani Group, on Wednesday reported a 14 per cent increase in consolidated profit after tax (PAT) and 38 per cent rise in income in the third quarter of fiscal 2014-15, ended December 31, 2014, compared to the corresponding period previous fiscal.
While the company’s income was Rs 1,701 crore (Rs 1,236 crore), its PAT stood at Rs 512 crore (Rs 451 crore), according to a company statement here.
Consolidated cargo volumes for Q3FY15 increased by 33 per cent to 39 million tonnes.
These results include the results of Dhamra Port Company Ltd, which APSEZL had acquired in June 2014, said Gautam Adani, Chairman, Adani Group.