Adani Ports Reports 14% Net Profit Growth in Q3, PAT Surpasses Rs 8,000 Cr in 9 Months of FY25
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Synopsis
Adani Ports and Special Economic Zone Ltd (APSEZ) has announced a significant 14% increase in net profit for Q3 FY25, totaling Rs 2,518 crore. The company also reported a 32% rise in net profit over nine months, driven by robust operational performance and strategic initiatives.
Key Takeaways
- 14% net profit growth in Q3 FY25.
- 32% increase in net profit over nine months.
- EBITDA guidance raised to Rs 18,800-Rs 18,900 crore.
- Operating revenue grew by 14%.
- Record cargo volume of 332 million metric tonnes.
Ahmedabad, Jan 30 (NationPress) Adani Ports and Special Economic Zone Ltd (APSEZ) announced a remarkable 14% net profit increase for the October-December quarter of this fiscal year (FY25), reaching Rs 2,518 crore, compared to Rs 2,208 crore during the same period last fiscal year (FY24).
During the first nine months of FY25, the leading entity of the Adani Group recorded an impressive 32% growth in net profit at Rs 8,038 crore, up from Rs 6,089 crore in the corresponding period of FY24.
The company has also revised its EBITDA guidance for FY25 to Rs 18,800-Rs 18,900 crore (previously Rs 17,000-Rs 18,000 crore).
According to a statement from Adani Ports, the revenue for the nine-month timeframe ending December 31 grew by 14%, while EBITDA surged by 19%.
"I am thrilled to announce the exceptional progress we have made during 9M FY25, thanks to outstanding execution in three crucial sectors of our business—market share expansion along with volume-price mix improvement, growth in the logistics sector, and operational efficiencies enhanced by technology," stated Ashwani Gupta, Whole-time Director and CEO of APSEZ.
Operating revenue saw a 14% year-on-year increase, amounting to Rs 22,590 crore. Revenue from ports rose by 11% to Rs 17,172 crore, while logistics revenue grew by 22% to Rs 1,852 crore.
"In alignment with our earlier commitment, we launched a new trucking platform in the logistics sector. This platform is being integrated across the logistics value chain, positioning us as a comprehensive Transport Utility," he further added.
APSEZ recorded a total cargo volume of 332 million metric tonnes during the nine-month period, marking a 7% year-on-year growth, driven by increases in container traffic (+19%), liquids and gas (+8%), and dry bulk cargo (including iron ore, limestone, and coking coal), despite a decline in imported non-coking coal.
"We have also updated our FY25 EBITDA forecast to Rs 18,800-Rs 18,900 crore. Additionally, it is incredibly rewarding to be acknowledged by S&P Global CSA as one of the Top 10 companies globally in the transport sector. This esteemed recognition underscores our commitment to sustainability in our operations," added Gupta.
In November, Mundra Port handled 396 vessels and accomplished 845 vessel movements, achieving its highest-ever monthly performance. Furthermore, Mundra Port exported a record-breaking 5,405 cars in a single shipment during the month.
