Shares of Adani Ports and Special Economic Zone Limited (APSEZ) fell nearly 5 per cent on Wednesday after the company reported a 21.78 per cent decline in consolidated net profit to Rs 1,033 crore for the March quarter from a year ago.
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According to a BSE filing late Tuesday, the country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,321 crore in the corresponding period of the previous fiscal.
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The company's consolidated total income increased to Rs 4,417.87 crore for the fourth quarter of the last fiscal as against Rs 4,072.42 crore in the same period a year ago.
APSEZ's shares were last trading 4.92 per cent lower at Rs 714.80 per unit.