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Adani Ports and Special Economic Zone's Consolidated Profit Rises in Fiscal Q4; Shares Down 3%

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-- Adani Ports and Special Economic Zone's (NSE:ADANIPORTS, BOM:532921) consolidated attributable profit rose to 33.3 billion Indian rupees in the fiscal fourth quarter ended March 31, from 30.1 billion rupees a year ago.

Earnings per share came in at 14.45 rupees from 13.95 rupees a year earlier, according to a Thursday filing to the Indian stock exchanges.

Revenue from operations in fiscal Q4 also increased to 107.4 billion rupees from 84.9 billion rupees a year ago.

The company's board has recommended a dividend of 7.50 rupees per equity share of 2 rupees each for the financial year 2025-26.

The company's shares were down nearly 3% in recent trade.

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