Adani Ports Q1 Profit Soars 47% to Rs 3,113 Crore.

dani Ports and Special Economic Zones reported a strong start to the fiscal year with a 47% year-on-year increase in consolidated net profit to Rs 3,113 crore for the April-June quarter.

The port operator also saw a notable increase in its revenue from operations, which stood at Rs 6,956 crore for Q1FY25, marking an 11% rise from Rs 6,247.6 crore in the year-ago period. The growth in revenue and net profit underscores the company’s robust performance and strategic financial maneuvers.

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India Targets Firms Over Financial Frauds 400 Chinese Companies

Fri Aug 2 , 2024
MCA to Strike Off Chinese Companies: The Ministry of Corporate Affairs (MCA) in India is set to remove around 400 Chinese companies from the register in the next three months. Reasons for Strike-Off: These companies are being targeted due to incorporation and financial frauds. Loan Apps and Online Job Companies […]

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