Adani Q4 result : Revanue rise 40%
Adani Q4 result : Revanue rise 40%
Adani Ports and Special Economic Zone (ASPEZ) owners earned a consolidated net profit of ₹1,158.88 crore in the fourth quarter of FY23, registering a growth of 5.1% as against ₹1,102.61 crore a year ago same quarter.
However, the company's revenue witnessed a much stronger growth of 40% to ₹5,797 crore in Q4FY23, compared to ₹4,140.8 crore.
Also, the Adani Group-backed ports and shipping flagship firm reported a 59% growth in EBITDA to ₹3,270.7 crore in Q4FY23, as against ₹2,057.1 crore in Q4FY22.
Adani Ports' margins also expanded to 56.4% in Q4FY23 versus
49.7% in Q4FY22.
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