WASHINGTON: Adani Ports ‘ first quarter (April-June) consolidated profit may increase 2 percent year-on-year to Rs 653 crore and revenue is seen rising 3 percent to Rs 1,806 crore, according to average of estimates of analysts polled by CNBC-TV18. Operating profit may be flat at Rs 1,148 crore against Rs 1,145 crore but margin may contract to 63.6 percent from 65.5 percent on yearly basis.
Shipping activity at Port Qasim on February 11
KARACHI: Three ships namely, Glen Canyon, Al-Salam- II and TSM Pollux carrying Containers, Gas oil and Palm oil were arranged...