Mundra port net profit soars 40%

Mundra: India's Mundra Port and Special Economic Zone announced stronger third quarter with higher revenue and net profit. The leading private port under Adani Group posted revenue of 4.51bn rupees in the October-December period, a 33.7% surge compared to 3.38bn rupees in the same period the previous year.


Net profit also soared 40.5% year-on-year to 2.29bn rupees as against 1.63bn rupees in the corresponding period of 2009. In the nine months ended 31 December 2010, revenue was registered at 12.8bn rupees and net profit at 6.51bn rupees, with both figures showing improvement year-on-year.
(Source:http://www.seatrade-asia.com)