APSEZ Q4 net zooms 288% to ₹1,321 cr
May 04, 2021
Karan Adani, CEO, APSEZ - BL×
FY21 net profit jumps 33% to ₹5,049 crore
Adani Ports and Special Economic Zone Ltd (APSEZ) said its net profit for the January to March quarter soared 288 per cent to ₹1,320.69 crore from ₹340.21 crore a year ago.
The company’s operating revenue during the fourth quarter jumped 24 per cent to ₹3,607.90 crore from ₹2,921.19 crore a year earlier.
For the full year, India’s biggest private port operator reported a net profit of ₹5,048.74 crore, an increase of 33 per cent on ₹3,784.53 crore in FY20, the company said in a regulatory filing. The full year operating revenue rose 6 per cent to ₹12,549.60 crore from ₹11,873.07 crore a year earlier.