Adani Ports Profit Quadruples To Rs 1,287.81 In January-March Quarter

INSUBCONTINENT EXCLUSIVE:
Adani Ports Q4 Results: Adani Ports reported a quadruple jump in net profit to Rs 1,287.81 crorePort-to-energy conglomerate Adani Ports and
quarter of the financial year 2020-21, compared to Rs 334.39 in the corresponding quarter last year
quarter, compared to Rs 2,921.19 crore in the same quarter last year
It achieved a market share of 41 per cent and registered a gain of five per cent
The Mundra port continues to be the largest container handling port in the country
The Mundra port handled 5.66 million twenty-foot equivalent units, which is around one million twenty-foot equivalent units more than the
Krishnapatnam
current financial year
shareholding in the Gangavaram Port Limited by Adani Ports in April 2021
the board recommended a dividend of 250 per cent, or Rs 5 per equity share of Rs 2, each completely paid for the financial year 2020-21,
subject to the approval of the shareholders
Adani Ports is the country's largest integrated ports and logistics company, located in seven maritime states including Maharashtra,
It represents 24 per cent of the country's total port handing capacity.(Also Read: Adani Ports To Declare March Quarter Earnings; Stock
today
On Tuesday, shares of Adani Ports and Special Economic Zones settled 0.99 per cent higher at Rs 768.80 apiece on the BSE.