APSEZ posts 18% rise in Q3 PAT as cargo volumes grow 16%

APSEZ handled cargo of 47.61 million tonnes (mt) during the third quarter

Adani Ports and Special Economic Zone (APSEZ) has posted an 18 per cent year-on-year (yoy) increase in consolidated net profit for the third quarter of 2017-18 financial year to Rs 9.94 billion while its consolidated income from operations grew 22 per cent for the same period. The cargo volumes were up 16 per cent during the quarter.

The income from operations stood at Rs 26.89 billion during the quarter under review. The consolidated operating Ebitda increased by 46 per cent Rs 19.67 billion in Q3FY18 from Rs 13.44 billion in the year before period. 

APSEZ handled cargo of 47.61