Adani Ports and SEZ Ltd on Friday reported a 25 per cent rise in revenues and 57 per cent in profit after tax in the second quarter ended September 30 compared with the corresponding quarter last fiscal.
While revenues were Rs 792 crore (Rs 632 crore), net profit stood at Rs 430 crore (Rs 273 crore), according to a company statement.
The company handled 20.43 million tonnes (mt) of cargo in the second quarter, up 15 per cent.
Adani Ports continued to be the second largest commercial port in India, both in total cargo and in containers, said the company chairman Gautam Adani.
The other operational ports in Dahej (Gujarat) and Abbot Point (Australia) are performing well and ports at Hazira and its container terminal in Mundra are completed. The upcoming projects at Goa, Visakhapatnam and Tuna Tekra (Kandla) are also on course, the company said.
virendra.pandit@thehindu.co.in