Explorer

Adani Ports Q3: Net Profit Climbs 14 Per Cent, EBITDA Rises 15 Per Cent To Rs 4,802 Crore

The EBITDA margin of the company rose from 60 per cent during the nine-month period in FY24 to 62 per cent in the nine-month period in FY25.

Adani Ports and Special Economic Zone Ltd (APSEZ) announced the financial results for the October-December quarter in the current 2024-25 fiscal year (FY25) on Thursday. The company logged a 14 per cent jump in its profit after tax to Rs 2,518 crore in the third quarter (Q3) of the year, against Rs 2,208 crore recorded in the corresponding quarter a year earlier.

Meanwhile, the profit after tax for the nine months ended December 31, 2024 stood at Rs 8,038 crore, rising 32 per cent from Rs 6,089 crore recorded in the nine months ended December 31, 2023 in the 2023-24 fiscal year (FY24).

The EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation) of the firm touched Rs 4,802 crore in Q3FY25, climbing 15 per cent against the October-December quarter in FY24. 

The EBITDA margin of the company rose from 60 per cent during the nine-month period in FY24 to 62 per cent in the nine-month period in FY25. The EBITDA guidance for the current fiscal year was revised to Rs 18,800 crore to Rs 18,900 crore.

Also Read : 'My Advice To Investors Is Not To Be Extreme': Edelweiss MF CEO Radhika Gupta On Market Correction

The firm informed that it began a new tech platform, Trucking Management Solution (TMS), that acts as a marketplace interface and fulfilment solution to help streamline supply chain for the customers. The company also shut down its Gopalpur and Astro Offshore transactions worth more than Rs 4,600 crore.

Elaborating on the company’s performance, Ashwani Gupta, Whole-time Director and CEO, APSEZ, noted, “I am excited to share the fantastic momentum we have achieved during 9M FY25, driven by exceptional execution across 3 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. On the logistics front, in line with our commitment earlier in the year, we launched a new trucking platform, which is being integrated across the rest of the logistics value chain and will make us a true integrated Transport Utility. We have also upgraded our FY25 EBITDA forecast to Rs 18,800-18,900 crores. Moreover, it is incredibly gratifying to be recognized by S&P Global CSA as one of the Top 10 companies globally in the transport industry. This prestigious recognition reflects our focus on imbibing sustainability across our operations.”

Top Headlines

Dalal Street Ends In Red As Sensex Falls 87 Points, Nifty Tests 24K
Dalal Street Ends In Red As Sensex Falls 87 Points, Nifty Tests 24K
Elon Musk's Net Worth Slides Below $700 Billion; SpaceX Stock Down Nearly 50% Since June
From $1.45 Trillion To Under $700 Billion: Elon Musk's Wealth Takes Another Hit
Interest Rates Are Falling: Is Your Savings Strategy Keeping Up?
Think Your Savings Are Safe? The Current Interest Rate Cycle May Say Otherwise
New Toyota Hilux Launch Today: Price, Features, Engine, What To Expect
New Toyota Hilux Launch Today: Price, Features, Engine, What To Expect

Videos

Political Twist: Sharad Pawar Rejects NCP Merger Buzz, Says No Question of Reuniting Factions
Chandigarh Tragedy: Punjab University PhD Scholar Dies After Electric Shock Near Girls Hostel
Political Spotlight: Dharmendra Pradhan Gets Grand Odisha Welcome After Exit, Opposition Raises Questions
Breaking: Kangana Ranaut Faces Backlash Over ‘Generation Gutter’ Remark Targeting Gen Z Women
UP Politics: Akhilesh Keeps Congress Guessing as Alliance Talks Stall Ahead of Assembly Polls

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget