InvestorQ : What is your quick view on the Adani Ports SEZ quarterly results?
Dilmini Mercia made post

What is your quick view on the Adani Ports SEZ quarterly results?

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Dawn Cherian answered.
1 month ago
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It was a stellar quarter for Adani Ports with a yoy growth in net profits of 288% at Rs.1,288 crore for Mar-21 quarter. Even the top line revenues were robust, growing at 24% to Rs.3,608 crore. In terms of all-India port volumes, Adani SEZ now has port volume share of 41% with a dominance on the West Coast of India.

During the quarter, Adani Ports SEZ took over the port management of Krishnapatnam, Gangavaram and Dighi ports. Adani SEZ may, however, give up on its project in Myanmar if it violated US sanctions. In the lats few years, Adani Ports had emerged as a full-service logistics solutions provider, rather than just a port manager.
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