ADANI PORTS handle cargo volume of 247 MMT, registering a growth of 11%

Adani Ports and Special Economic Zone has reported a consolidated net profit of 1,288 crore for the quarter ended March 31, 2021. The company had posted a profit of 334 crore in the year-ago period. The company’s March-quarter consolidated revenues from the logistics business stood at 958 crore. Increased cargo volume, operational efficiencies enabled port EBITDA to grow by 15% from

6,593 cr. in FY20 to 7,560 crore in FY21. Logistics business has reported an EBIDTA of 226 crore in FY21 and maintained the EBIDTA margin at 24%.