Adani Ports and Special Economic Zone Ltd (APSEZ) 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. Operating revenue grew by 14 per cent (on-year) to Rs 22,590 crore. Ports revenue increased by 11 per cent to Rs 17,172 crore and logistics revenue increased by 22 per cent to Rs 1,852 crore. APSEZ clocked 332 million metric tonnes (7 per cent increase year-on-year) cargo volume in the nine months this fiscal, led by growth in containers (+19 per cent), liquids and gas (+8 per cent) and dry and dry bulk cargo (iron ore, limestone, minerals, coking coal, etc.), partially offset by a decline in imported non-coking coal.
In November, Mundra handled 396 vessels and executed 845 vessel movements, making it the highest-ever monthly achievement by the port. Mundra Port also exported a record-breaking 5,405 cars in a single consignment during the month.
