Adani Ports and Special Economic Zone Ltd. (APSEZ) announced on Tuesday that its net profit for the first half of current fiscal year (H1 FY25) increased by 42% to Rs 5,520 crore, up from Rs 3,881 crore during the same period last fiscal year (H1 FY24).
In Q2 FY25, the flagship company of the diverse Adani Group recorded a 37% increase in net profit, from Rs 1,762 crore in the same period last year to Rs 2,413 crore.
While port revenue alone climbed by 11% to Rs 12,824 crore in H1 FY25, operating revenue grew by 13% YoY to Rs 14,627 crore.
In the first half of current fiscal year, cargo volume increased by 9% year-over-year to 220 million metric tons (MMT), with containers accounting for the majority of this growth (19% YoY).
Additionally, the corporation added 26 offshore support vessels to diversify its marine fleet throughout the quarter. By expanding rakes, warehouses, MMLPs, and agri-silos, the logistics company also saw strong growth, improving last-mile connectivity.
