APSEZ Q3 net profit declines 12.94% to ₹1,336.51 crore

Adani Ports and Special Economic Zone (APSEZ) on Tuesday reported a 12.94 per cent decline in consolidated profit to Rs 1,336.51 crore for the third quarter ended December 2022. The country's largest integrated logistics player had clocked a consolidated profit of Rs 1,535.28 crore a year ago, according to a regulatory filing.

Its total consolidated income increased to Rs 5,051.17 crore in the December 2022 quarter from Rs 4,713.37 crore in the year-ago period.

The company's total expenses in October-December 2022 rose to Rs 3,507.18 crore compared to Rs 2,924.30 crore in the year-ago period.

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