Mundra Port and Special Economic Zone has declared its financial results for the first quarter of the fiscal year 2010-11. The Mundra Port and Special Economic Zone is promoted by Adani Group. According to the firm, it has managed to register an impressive net profit rise in the June quarter of the year.

Mundra Port and Special Economic Zone has posted a net profit of Rs 211.30 crore during the April-June quarter of fiscal year 2010-11 which is 23.71% of the net profit figure of its corresponding quarter in the last fiscal year.

The company has registered a net profit of Rs 170.75 crore in the same quarter in the previous year. This has been informed by the firm in a filing at the Bombay Stock Exchange.

The total income of the company has gone Rs 416.42 crore during the Q1 of fiscal year 2010-11. The total income of the company was reported to be Rs 321.35 crore in the April-June quarter in the fiscal year 2009-10.