Adani Ports Q3 PAT rises 14% to ₹2,518 crore

AHMEDABAD : Adani Ports & Special Economic Zone Ltd. (APSEZ) reported 14% growth in Q3 consolidated net profit to ₹2,518 crore from ₹2,208 crore in the year-earlier period.

During the quarter, the company handled cargo volumes of 112.5 million metric tonnes (mmt), up by 3.6 per cent year-on-year (Y-o-Y). However, the growth was offset by the coal cargo handled by the company. This is also reflected in the growth of merely 1 per cent in the domestic cargo handled by the company. Meanwhile, its international cargo volume surged 118 per cent to 6 mmt.