Adani Ports Q2: B&K Securities sees sales for Adani Ports to grow 24.4 per cent YoY to Rs 6,484.30 crore. It sees sequential revenue growth at 4 per cent led by a 3 per cent growth in cargo volumes as it does not expect increase in realisations.
Revenue from operations during the second quarter increased 28% year-on-year (YoY) to Rs 6,646 crore. It was Rs 5,211 crore in the in the last year quarter.
Adani Ports Q2 result: Revenue for the quarter rose 27.6 per cent YoY to Rs 6,646.41 crore compared with Rs 5,210.80 crore in the same quarter alst year.
Adani Ports said its Haifa Port in Israel handled over 1.1 MMT of cargo in October, which was better than the average cargo volume run rate of the last six months.