Signals, Powered By EquityPandit
Adani Ports and Special Economic Zone, has reported 20% YoY fall in its fourth quarter profit at Rs.929 crore. Last year in the same quarter, it had reported a profit of Rs.1164.07 crore.
The revenue of the company increased 42% at Rs.3,182.86 crore, as against Rs.2231.46 crore. The operating profit or EBITDA of the company increased 4.6% at Rs.1,712.61 crore, while margin shed 20 bps at 53.8%.
Furthermore, the company’s board has recommended 100% (Rs.2) dividend per equity shares of Rs.2 each for the financial year 2017-2018.
