Adani Ports Q2 Results, Profit Rises 4% to Rs 1748 crore

Adani Ports and Special Economic Zone declared Q2 results with a consolidated profit of Rs 1747.85 crore

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Profits were on the lower side because of the Rs 455 crore MAT credit write off after new tax regime election

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Revenue from operations rose 27.55 percent to Rs 6646.41 crore

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EBITDA was Rs 7429 crore YoY, i.e., increased by 49 percent

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The CEO Mr Karan Adani said that the splendid performance was on the back of a 14% YoY increase in cargo volume and improved operational efficiencies at ports.

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