May 3, 2018 / 10:03 AM / 23 days ago

BRIEF-India's Adani Ports & Special Economic Zone March Qtr Consol Profit Down 20 Pct

May 3 (Reuters) - Adani Ports and Special Economic Zone Ltd :

* MARCH QUARTER CONSOL NET PROFIT 9.27 BILLION RUPEES VERSUS PROFIT OF 11.67 BILLION RUPEES LAST YEAR

* MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 31.83 BILLION RUPEES VERSUS 22.31 BILLION RUPEES LAST YEAR

* RECOMMENDED DIVIDEND OF 2 RUPEES PER SHARE

* SAYS CO GETS LOA FOR DEVELOPING BHAVANAPADU PORT AT ANDHRA PRADESH

* APPROVED INCORPORATION OF SPECIAL PURPOSE VEHICLE AS WHOLLY OWNED UNIT FOR DEVELOPING BHAVANAPADU PORT Source text - bit.ly/2w8f6wB Further company coverage:

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