APSEZ, the country’s largest port developer and the logistics arm of Adani Group had clocked a net profit of Rs 675 crore in the corresponding quarter of 2015 16.Commenting on the results, Karan Adani, Chief Executive Officer of APSEZ said, “Our strategy to diversify our cargo mix and focus on high value cargo continues to yield positive results. Like last quarter, the continued out performance in cargo volumes is backed by Healthy growth in our newer ports namely Hazira, Dhamra and Kattupalli. Operational efficiencies and our efforts to change the mix of bulk cargo beyond coal has resulted in all round growth in our financial numbers.” The Adani Group is one of India’s leading business houses with revenue of over USD 12 billion.Adani owns and operates eight ports and terminals in India.
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