Adani Ports and Special Economic Zone (APSEZ) reported a 13.48 per cent drop in standalone net profit for the quarter ended September 30, 2016. Its net profit stood at Rs.916.67 crore in Q2FY17 as against Rs.1,059.51 crore in the corresponding quarter of the previous financial year.
The companyÂ´s net income for the same period has declined by 16.52 per cent to Rs.1,301.87 crore as against Rs.1,559.67 crore in the corresponding period of FY 2015-16.
However, it has seen growth of 60.97 per cent in consolidated net profit to Rs.1,090.81 crore in the first quarter of the current financial year as against Rs.677.64 crore in Q2 FY16.
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