Earnings Impact: Adani Ports shares gain 2%

 


Adani Ports and Special Economic Zone (APSEZ) reported a 14% year-on-year (YoY) increase in its consolidated net profit for the December quarter, reaching Rs 2,520 crore, compared to Rs 2,208 crore in the same quarter last year.

However, the profit came in lower than analysts' expectations, which ranged from Rs 2,597 crore to Rs 2,711 crore.

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