'Consolidated net sales (including other operating income) of Adani Ports & Special Economic Zone for the quarter ended Jun 2023 has increased 23.52% to Rs 6247.55 crore. Operating profit margin has jumped from 41.31% to 60.26%, leading to 80.18% rise in operating profit to Rs 3,764.58 crore. Employee cost increased from 5.25% to 8.03%. Other expenses fell from 53.44% to 31.72%. Other direct service cost rose from 24.87% to 26.04%. Other income fell 18.03% to Rs 383.68 crore. PBIDT rose 62.20% to Rs 4148.26 crore. Provision for interest rose 0.56% to Rs 632.69 crore. PBDT rose 82.32% to Rs 3515.57 crore. Provision for depreciation rose 12.99% to Rs 949.58 crore. Profit before tax grew 135.87% to Rs 2,565.99 crore. Provision for tax was debit of Rs 371.36 crore, compared to credit of Rs 72.09 crore. Effective tax rate was 14.91% compared to negative 6.52%. M...
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