For the quarter ended September 30, 2013, Adani Ports and SEZ on October 26 reported over 24 per cent jump in consolidated net profit at Rs 341.83 crore. The firm had reported a net profit of Rs 275.56 crore in the July-September, 2012-13 fiscal.
Adani Ports and SEZ net sales jumped by over 47 per cent to Rs 1,045.87 crore during Q2, 2013-14 vis-a-vis Rs 710.81 crore in the year-ago period, the company said in a filing to the Bombay Stock Exchange (BSE). The company's Q2 expenditure at Rs 576.73 crore amounted to 55.14 per cent of its net sales.
Besides, its other income also increased by many folds to Rs 257.31 crore. However, the company also reported over 7-times rise in its finance outgo to Rs 411.66 crore, compared to the levels of Rs 57.47 crore of Q2 of last fiscal.