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

Trump To Impose 500% Tariff On India, China? Here's What His Nod To A New Bill Means
Trump To Impose 500% Tariff On India, China? Here's What His Nod To A New Bill Means
Teenage National Shooter Accuses Coach Of Sexual Assault, Threatening To Ruin Career
Teenage National Shooter Accuses Coach Of Sexual Assault, Threatening To Ruin Career
US Seizes Russian-Flagged Oil Tanker Linked To Venezuela After Dramatic Pursuit In Atlantic: WATCH
US Seizes Russian-Flagged Oil Tanker Linked To Venezuela After Dramatic Pursuit: WATCH
Another BNP Leader Shot Dead As Bangladesh Remains On Edge Ahead Of Elections
Another BNP Leader Shot Dead As Bangladesh Remains On Edge Ahead Of Elections

Videos

Delhi News: Why Bulldozer Action Was Conducted at Night? DCP Nitin Valson Explains Key Reasons
Delhi News: Cold Wave Intensifies Across North India, Capital Records Coldest Day of the Year
Delhi News: MCD Removes Encroachment Near Faiz-e-Ilahi Mosque After Stone Pelting, Area Secured
Delhi News: Illegal Encroachment Near Faiz-e-Ilahi Mosque Cleared, Mosque Declared Safe Amid Public Fear
Delhi News: FIR Registered Over Objectionable Slogans at JNU, University to Expel Involved Students

Photo Gallery

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