Adani Ports and Special Economic Zone Ltd (APSEZ) announced a 14% increase in net profit for the October-December quarter of FY25, reaching Rs 2,518 crore, up from Rs 2,208 crore in the same period of FY24.
For the nine months of FY25, the Adani Group’s flagship company saw a 32% rise in net profit, reaching Rs 8,038 crore, compared to Rs 6,089 crore in FY24.
APSEZ also raised its EBITDA guidance for FY25 to a range of Rs 18,800 crore to Rs 18,900 crore, up from the previous estimate of Rs 17,000 crore to Rs 18,000 crore.
The company reported a 14% year-on-year growth in revenue for the nine-month period, totaling Rs 22,590 crore. EBITDA also grew by 19%, reflecting strong financial performance, APSEZ said in a statement.
Ashwani Gupta, Whole-time Director and CEO of APSEZ stated, “I am excited to share the fantastic momentum we have achieved during 9M FY25, driven by exceptional execution across three 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.”
Adani Ports’ Revenue Growth Breakdown By Sector
Breaking down the figures, operating revenue grew by 14% to Rs 22,590 crore. Ports revenue rose 11% to Rs 17,172 crore, while logistics revenue saw a notable 22% increase, reaching Rs 1,852 crore.
“On the logistics front, in line with our commitment earlier in the year, we launched a new trucking platform, which we are integrating across the rest of the logistics value chain and will make us a true integrated Transport Utility,” Ashwani Gupta asserted.
In terms of cargo volume, APSEZ handled 332 million metric tonnes during the nine-month period, a 7% increase from the previous year.
This growth was led by a 19% increase in container volumes, an 8% rise in liquids and gas, and growth in dry and dry bulk cargo, although imported non-coking coal volumes saw a decline.
“We have also upgraded our FY25 EBITDA forecast to Rs 18,800-Rs 18,900 crore. Moreover, it is incredibly gratifying to be recognised 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,” added the Whole-time Director and CEO of APSEZ.
In November, Mundra Port achieved a record by handling 396 vessels and completing 845 vessel movements, marking the highest-ever monthly achievement.
Additionally, Mundra Port exported a record 5,405 cars in a single consignment that month.
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