Wednesday, March 05, 2025 | 01:45 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Adani Ports shares decline over 2% post earnings

Adani Ports and Special Economic Zone on Tuesday reported a 6.20 per cent decline in consolidated profit to Rs 1,478.76 crore for the third quarter ended December 2021

Adani ports

This would enable APSEZ to service customers in Maharashtra, which includes the highly industrial areas and development in the Mumbai & Pune regions

Press Trust of India New Delhi

Shares of Adani Ports and Special Economic Zone (APSEZ) on Wednesday slipped over 2 per cent after the company reported a 6.20 per cent decline in consolidated profit for the third quarter ended December 2021.

The stock declined 2.41 per cent to Rs 721.50 on the BSE.

At the NSE, it dipped 2.33 per cent to Rs 721.50.

Adani Ports and Special Economic Zone on Tuesday reported a 6.20 per cent decline in consolidated profit to Rs 1,478.76 crore for the third quarter ended December 2021.

The country's largest integrated logistics player had clocked a consolidated profit of Rs 1,576.53 crore in the corresponding period a year ago, according to a regulatory filing.

 

Its total consolidated income increased to Rs 4,422.73 crore in the December 2021 quarter, from Rs 4,274.79 crore in the year-ago period.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 02 2022 | 1:57 PM IST

Explore News