Adani Group reports 25% increase in annual profit
The Indian terminal operator, Adani Ports and Special Economic Zone (APSEZ), has reported that its profit before tax increased by 25% in the 2014/2015 fiscal year, which ended on March 31.
Consolidated profit before tax rose from 2,000 crore (US$315m) to 2,500 crore (US$394m) for the Ahmedabad-based group.
Consolidated cargo volume increased by 28% from 113 million tonnes to 144 million tonnes.
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