Adani Ports 9-months net profit up 32%, crosses Rs 8,000cr
Revenue increased 14% to Rs 22,590 crore on 7% increase in cargo handled at 332 million tonnes.
Adani Ports and SEZ reported a 32 percent increase in consolidated net profit at Rs 8,038 crore for the first nine months of financial year 2024-2025 (April-December 2024) compared to Rs 6,089 crore for the same period last year.
Revenue increased 14 percent to Rs 22,590 crore on seven percent increase in cargo handled at 332 million tonnes, says an official release.
For the third quarter of FY2025, net profit increased 14 percent to Rs 2,518 crore while revenue was up 15 percent at Rs 7,964 crore.
Ashwani Gupta, Wholetime Director & CEO, APSEZ. Video Credit: Adani Ports
"I am excited to share the fantastic momentum we have achieved during 9MFY25, 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," says Ashwani Gupta, Wholetime Director & CEO, APSEZ. "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 crore."
Highlights
*Trucking Management Solution (TMS) offers an easy-to-use marketplace interface, handles end-to-end trucking workflows, that can be seamlessly integrated with client systems, enables real-time tracking, and includes analytical tools for pricing and operational insights.
*Closed Gopalpur and Astro Offshore transactions worth over Rs 4,600 crore.
*Signed 30-year concession agreement to manage container terminal at Dar es Salaam Port, Tanzania.
*Vizhinjam port commenced commercial operations, post extensive trials. During the trial period, the port handled 70+ vessels and 147,000+ containers.
*Commenced O&M operations at Syama Prasad Mookerjee Port’s Netaji Subhas dock.
*Placed India’s largest order for eight harbour tugs with Cochin Shipyard. The contract value is estimated at Rs 450 crore and deliveries are scheduled to begin in December 2026 and continue until May 2028.
