Ports to record 40% rise in profit in FY18: Nitin Gadkari

JNPT to register Rs.20 bln profit

by Nidhi Bhati

The minister of road transport and highways and shipping Nitin Gadkari expects ports to register up to 40 per cent rise in profits this financial year. In the last three fiscals, the ports had reported profits to the tune of Rs. 30 billion, Rs.40 billion and 50 billion, respectively, as per a report in Economic Times. Jawaharlal Nehru Port Trust (JNPT) alone is expected to contribute Rs.20 billion to the anticipated profit of Rs.70 billion in FY18. The 12 state run ports have recorded a 2.8 per cent increase in efficiencies as compared to ports in the private sector. The ministry has implemented 90 of total 120 suggestions recommenced by the consultant appointed to develop ports to global standard.

References
1. http://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/nitin-gadkari-expects-ports-to-chip-in-around-rs-7000-crore-in-profit/articleshow/60025481.cms
CMIE STATISTICS
Unemployment Rate
Per cent
5.9 +0.1
Consumer Sentiments Index
Base September-December 2015
92.6 0.0
Consumer Expectations Index
Base September-December 2015
91.9 0.0
Current Economic Conditions Index
Base September-December 2015
93.7 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Mar 17 Jun 17 Sep 17 Dec 17
New projects 4.06 2.14 1.23 1.12
Completed projects 1.96 0.86 1.05 0.93
Stalled projects 0.74 2.67 0.67 0.93
Revived projects 0.86 0.30 0.29 0.23
Implementation stalled projects 0.33 0.69 0.73 0.58
Updated on: 24 Feb 2018 8:20PM
Quarterly Financials of Listed Companies
(% change) Mar 17 Jun 17 Sep 17 Dec 17
All listed Companies
 Income 10.2 9.7 7.9 11.9
 Expenses 11.9 10.0 9.0 12.9
 Net profit 16.4 -19.8 -16.8 -12.4
 PAT margin (%) 6.0 5.3 5.7 5.0
 Count of Cos. 4,474 4,463 4,442 4,291
Non-financial Companies
 Income 11.8 10.3 7.7 12.7
 Expenses 15.6 10.6 7.5 11.7
 Net profit -2.2 -25.2 -4.2 13.2
 PAT margin (%) 6.1 5.2 6.4 6.6
 Net fixed assets 6.9 9.2
 Current assets 2.7 78.8
 Current liabilities 8.9 11.0
 Borrowings 4.9 10.5
 Reserves & surplus 6.1 5.2
 Count of Cos. 3,457 3,447 3,421 3,335
Numbers are net of P&E
Updated on: 24 Feb 2018 8:20PM
Annual Financials of All Companies
(% change) FY14 FY15 FY16 FY17
All Companies
 Income 10.0 5.4 1.5 6.8
 Expenses 9.9 5.5 1.7 7.1
 Net profit -2.5 0.3 -12.9 22.1
 PAT margin (%) 3.1 3.1 2.8 5.3
 Assets 12.3 9.5 10.1 8.3
 Net worth 9.7 8.5 11.7 7.4
 RONW (%) 6.1 5.9 4.9 7.9
 Count of Cos. 24,633 24,657 22,529 10,919
Non-financial Companies
 Income 9.7 4.6 0.6 6.7
 Expenses 9.4 4.8 0.0 7.6
 Net profit -3.1 -8.1 13.2 15.9
 PAT margin (%) 2.2 2.0 2.5 4.9
 Net fixed assets 11.7 13.3 17.4 7.2
 Net worth 8.3 6.9 12.4 5.4
 RONW (%) 5.0 4.7 5.1 8.5
 Debt / Equity (times) 1.1 1.1 1.0 0.8
 Interest cover (times) 2.0 1.9 1.9 2.7
 Net working capital cycle (days) 69 67 65 52
 Count of Cos. 19,858 20,066 18,861 8,566
Numbers are net of P&E
Updated on: 21 Feb 2018 10:31AM

Data added for HPI at Assessment prices and HPI at Market prices