“APSEZ Reports Stellar Q4 Performance: Net Profit Surges by 76.87%”Adani

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“APSEZ Reports Stellar Q4 Performance: Net Profit Surges by 76.87%”Adani

Adani Ports and Special Economic Zone Limited (APSEZ) announced on Thursday that it had witnessed a 76.87% increase in consolidated net profit to Rs 2,014.77 crore during the…

Adani Ports and Special Economic Zone Limited (APSEZ) announced on Thursday that it had witnessed a 76.87% increase in consolidated net profit to Rs 2,014.77 crore during the fourth quarter that ended in March 2024.

The country’s largest integrated logistics company had made a profit of Rs 1,139.07 crore in the corresponding period of the previous fiscal year, as per the company’s statement to the Bombay Stock Exchange (BSE).

The consolidated total income rose to Rs 7,199.94 crore for the fourth quarter of the FY24 compared to Rs 6,178.35 crore in the year-ago period.

Furthermore, the total expense increased to Rs 4,450.52 crore in the quarter under review compared to Rs 3,995 crore a year ago.

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