(PTI) Adani Ports and Special Economic Zone (APSEZ) on Monday reported a 16.86 per cent decline in consolidated net profit to ₹1,091.56 crore for the first quarter of the current financial year.
The country's largest integrated logistics player had clocked a consolidated net profit of ₹1,312.9 crore in the corresponding period a year ago, according to a regulatory filing.
Its total income during the June quarter rose to ₹5,099.25 crore, as against ₹5,073 crore in Q1 FY22.
The company's total expenses also increased to ₹4,174.24 crore from ₹3,660.28 crore earlier.
APSEZ is part of the globally diversified Adani Group.