and Special Economic Zone Limited (APSEZ), the logistics arm of Adani Group has
reported a 9 percent decline in consolidated profit during the first quarter
ended 30th June, to Rs 691 crore from Rs 761 crore a year ago, as per its
reportedly stumbled in the second straight quarter due to foreign exchange
company's revenue dropped 12 percent to Rs 2,411 crore from Rs 2,745 crore a
year ago. EBITDA were up by a percent at Rs 1,588.
margin rose to 66 percent after declining for two successive quarters. It stood
at 57 percent in the corresponding three months a year ago.