Adani Ports is set to announce its quarterly results on Wednesday. Here's what one should expect from the company today.
- The numbers might look a bit tepid as the revenue growth is expected to be at around 4 percent. This is because last year there was a big special economic zone (SEZ) income which might not be there this time.
- Margins are expected to fall to 70.8 percent versus 73 percent reported last year.
- The profit after tax (PAT), however, might jump by around 12-18 percent because there might be a one of gain in terms of the forex gain.
- In terms of volumes, the street is expecting the port income to grow anywhere between 7 percent and 10 percent, the container volume is expected to grow in double digits and the bulk as well as the cargo volumes are expected to remain steady.