Adani reports profit before interest and tax of Rs 22.96 cr for its airports business

The country’s largest airport operator Adani Group has reported a profit (before interest and taxes) of ₹22.96 crore for its airport businesses during the quarter ending on 31 December, compared to a ₹48.95 crore loss during the same period of the previous year, on the back of a recovery in air passenger traffic in the quarter. Adani Group operates seven airports, which includes airports at Mumbai, Ahmedabad, Lucknow, Mangalore, Jaipur, Guwahati and Thiruvananthapuram. The upcoming airport at Navi Mumbai will also be operated by the conglomerate.