Adani Ports profits up 72.4% in Second quarter of FY2020.
Adani
Ports reported a profit of 72.4 per cent to Rs 1,059.2 crore in the second
quarter of FY 2020.
Adani Ports reported a profit of 72.4 per cent to
Rs 1,059.2 crore in the second quarter of FY 2020. Adani Ports had a profit of
Rs 614.2 crore in the second quarter of FY 2019.
In the second quarter of FY 2020, Adani Ports
reported an increase of 8.2 per cent to Rs 2,821.2 crore. In the second quarter
of FY 2019, Adani Ports had income of Rs 2,608 crore.
Adani Ports' EBITDA increased to Rs 1,311.1 crore
from Rs 1,133 crore in the second quarter on an annual basis, while EBIT margin
increased to 46.5 percent from 43.4 percent.
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