InvestorQ : How do you see the results of Adani Ports SEZ for the Sep-20 quarter?
vidhya Laxmi made post

How do you see the results of Adani Ports SEZ for the Sep-20 quarter?

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sarah Leo answered.
3 months ago
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Adani Ports and Special Economic Zone Limited (APSEZ) reported 31.57% increase in its consolidated profit to Rs.1,394 crore for the Sep-20 quarter. Total income increased to Rs.3423 crore for the second quarter marginally higher yoy.

APSEZ has increased the market share in India to 24% of the overall cargo. Its cargo volumes were up 36% on a sequential basis and the EBITDA has also improved over 70% on the back of a sustained focus on operational efficiency.

Adani Ports operates the ports of Mundra, Dahej, Kandla and Hazira in Gujarat, Dhamra in Odisha, Mormugao in Goa, Vizag in Andhra Pradesh; Kattupalli and Ennore in Chennai and Krishnapatnam in Andhra Pradesh. It boasts of 24% of the country's total port capacity and is the private sector leader by a distance.

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