Adani Ports and Special Economic Zone Q4 profit declines 19% to 940 crore
The MAT credit as on March 31, 2017 was Rs 2,685 crore. As of March 31, 2018 the balance MAT credit is Rs 2,025 crore, it added. The consolidated revenue from operations registered a growth of 43 per cent from Rs 2,231 crore in the fourth quarter of FY'17 to Rs 3,183 crore in Q4FY'18, the statement said. "It has been another year of strong performance. We will continue to give thrust on increasing capacity utilisation and improving operational efficiencies. We expect EBITDA margins to increase by at least 100 BPS every year and peak at around 73 per cent," Chief Executive Officer and Whole Time Director of APSEZ Karan Adani said.
Adani Ports and Special Economic Zone is India's leading port developer and operator. APSEZ has 10 strategically located ports and terminals. Image source: Reuters