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Adani Ports Q4 PAT soars 285% YoY to Rs 1288 cr


On a consolidated basis, Adani Ports & Special Economic Zone (APSEZ) posted 285% jump in net profit to Rs 1287.80 crore on 21.1% rise in total income to Rs 4072.42 crore in Q4 FY21 over Q4 FY20.On a consolidated basis, profit before tax soared by 500% to Rs 1539 crore in Q4 FY21 as against Rs 256.73 crore in Q4 FY20. The company s operating revenue grew 24% year on year to Rs 3,608 crore in Q4 FY21. EBITDA (excluding forex gain of Rs 24 crore in Q4 FY21 versus forex loss of Rs 1,004 crore in Q4 FY20) jumped 39% year on year to Rs 2287 crore in Q4 FY21.
Port revenue increased 30% to Rs 3123 crore in Q4 FY21 while revenue from logistics business declined 7% to Rs 268 crore in Q4 FY21 over Q4 FY20. The company s cargo volume surged 27% year on year to 73 MMT in Q4 FY21 as against 58 MMT in Q4 FY20. ....

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Adani Ports operational performance update


In month of April 2021Adani Ports & Special Economic Zone announced that the company handled a cargo volume of 24.46 MMT in the month of April, 2021 thus
registering a growth of 86% on Year on Year basis.
In the container segment, APSEZ handled a volume of 0.69 Mn TEU s in April, 2021
thus registering a 98% growth on Year on Year basis.
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Nifty April futures trade flat


NSE VIX rose 2.67% to 23.03
The Nifty April 2021 futures were at 14,405.30, at a discount of 0.85 points compared with Nifty s spot closing of 14,406.15.
Turnover on the National Stock Exchange s futures & options (F&O) segment was Rs 88.49 lakh crore compared with Rs 41.71 lakh crore in the previous session.
In the cash market, the Nifty 50 index added 109.75 points or 0.77% to 14,406.15.
The NSE s India VIX, a gauge of market s expectation of volatility over the near term, rose 2.67% to 23.03.
Adani Ports, Tata Steel and ICICI Bank were the top traded stock futures contracts in F&O segment for April expiry.
The April F&O contracts will expire on 29 April 2021. ....

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