Adani Ports Q1 net profit jumps 36% at Rs 568 cr

The company's other income rose 89 percent at Rs 169 crore against Rs 89 crore, Y-o-Y.

Adani Ports and Special Economic Zone 's Q1FY15 (April-June) consolidated net profit jumped 36 percent at Rs 568 crore versus Rs 417.5 crore in a year ago period.

The consolidated total income was down 14.6 percent at Rs 1,261.6 crore versus Rs 1,478.4 crore, Y-o-Y.

The company's other income rose 89 percent at Rs 169 crore against Rs 89 crore, Y-o-Y.

The derivative gains were at Rs 38 crore versus loss of Rs 168 crore, Y-o-Y.

Standalone results

The company's net profit declined 23 percent at Rs 505 crore versus Rs 663 crore, Y-o-Y.

Its total income also fell 48 percent at Rs 878.7 crore versus Rs 1,717.8 crore, Y-o-Y.

Standalone operating margin was up by 870 bps at 69.7 percent versus 61 percent, Y-o-Y.

At 14:12 hrs (IST), Adani Ports and Special Economic Zone was quoting at Rs 270.90, up Rs 4.20, or 1.57 percent.

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