Adani Ports & SEZ revenue registered strong growth of 29% By Keshav Lahoti, Angel Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below are Views On Adani Ports & SEZ revenue registered strong growth of 29% By Mr. Keshav Lahoti, Associate Equity Analyst, Angel Broking Ltd
For Q3FY21, Adani Ports & SEZ revenue registered strong growth of 29% YoY to ₹3,746 cr due to pick up in cargo volume was above street expectation . On the other hand, net profit registered a growth of 16% YoY to ₹1,576 cr was also above street expectation. PAT increased due to appreciation in the rupee. Company reported numbers better than the street estimates. During the quarter, the Company has outperformed all the ports in India in terms of cargo and container volume growth.
Above views are of the author and not of the website kindly read disclaimer
More News
India's Cotton Export Surge: Prices Lure Buyers, Set to Reach 2-Year High in February by Ami...
