Rs 8,000 crore profit for APSEZ
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) in late January reported a 14 per cent net profit jump in the October-December quarter this fiscal (FY25) at Rs 2,518 crore, from Rs 2,208 crore in the same period last fiscal (FY24). In the nine months of FY25, the flagship company of the Adani Group posted an impressive 32 per cent rise in net profit at Rs 8,038 crore from 6,089 crore in the same period of FY24.
The company also increased EBITDA guidance for FY25 to Rs 18,800-Rs 18,900 crore (from Rs 17,000-Rs 18,000 crore). The revenue for the nine-month period in FY25, which ended December 31, grew 14 per cent and EBITDA grew 19 per cent, Adani Ports said in a statement.
“I am excited to share the fantastic momentum we have achieved during 9M FY25, driven by exceptional execution across three key areas of our business -- market share gains coupled with volume-price mix increase, traction in logistics vertical, and operational efficiencies along with technology-led gains,” said Ashwani Gupta, Whole-time Director and CEO, APSEZ.
Comments.