Adani Ports reports 285% y-o-y surge at Rs 1,288 cr in Q4
PORTS & SHIPPING

Adani Ports reports 285% y-o-y surge at Rs 1,288 cr in Q4

Adani Ports and Special Economic Zone (APSEZ) has reported a 285% year-on-year (y-o-y) surge in consolidated net profit for the March quarter at Rs 1,287.81 crore.

APSEZ had posted a profit of Rs 334.39 crore in the same quarter last year. Operating revenue for the company increased 24% to Rs 3,608 crore from Rs 2,921 crore in the same quarter last year. Consolidated operating EBITDA advanced 39% to Rs 2,287 crore.

The company told the media it handled 73 million metric tonnes (mmt) of cargo in the March quarter, up 27% y-o-y. This includes data from Krishnapatnam Port, which was acquired in October 2020 that handled 20 mmt.

Based on the company's internal estimates, APSEZ said in FY22 its guided cargo volume to be in the range of 310-320 mmt, including 10 mmt of Gangavaram port in Q4 FY22.

Consolidated revenue was in the range of Rs 16,000 crore to Rs 16,800 crore, consolidated EBITDA in the range of Rs 10,200 crore to Rs 10.700 crore and free cash flow in the range of Rs 5,500 crore to Rs 6,000 crore, Chairman Gautam Adani told the media.

APSEZ is set to become a truly integrated transport and logistics utility and achieve 500 mmt of cargo throughput and ROCE to be in excess of 20% by FY25.

In FY21, the total operating revenue grew by 6%, from Rs 11,873 crore in FY20 to Rs 12,550 crore. Port revenue increased by 12% to Rs 10,739 crore on account of 11% growth in cargo. Revenues from the logistics business was at Rs 958 crore.

Image Source


Also read: Adani to acquire 58% stake in Gangavaram port

Also read: Adani Ports market cap crosses Rs 1 trillion mark

Adani Ports and Special Economic Zone (APSEZ) has reported a 285% year-on-year (y-o-y) surge in consolidated net profit for the March quarter at Rs 1,287.81 crore. APSEZ had posted a profit of Rs 334.39 crore in the same quarter last year. Operating revenue for the company increased 24% to Rs 3,608 crore from Rs 2,921 crore in the same quarter last year. Consolidated operating EBITDA advanced 39% to Rs 2,287 crore. The company told the media it handled 73 million metric tonnes (mmt) of cargo in the March quarter, up 27% y-o-y. This includes data from Krishnapatnam Port, which was acquired in October 2020 that handled 20 mmt. Based on the company's internal estimates, APSEZ said in FY22 its guided cargo volume to be in the range of 310-320 mmt, including 10 mmt of Gangavaram port in Q4 FY22. Consolidated revenue was in the range of Rs 16,000 crore to Rs 16,800 crore, consolidated EBITDA in the range of Rs 10,200 crore to Rs 10.700 crore and free cash flow in the range of Rs 5,500 crore to Rs 6,000 crore, Chairman Gautam Adani told the media. APSEZ is set to become a truly integrated transport and logistics utility and achieve 500 mmt of cargo throughput and ROCE to be in excess of 20% by FY25. In FY21, the total operating revenue grew by 6%, from Rs 11,873 crore in FY20 to Rs 12,550 crore. Port revenue increased by 12% to Rs 10,739 crore on account of 11% growth in cargo. Revenues from the logistics business was at Rs 958 crore. Image SourceAlso read: Adani to acquire 58% stake in Gangavaram port Also read: Adani Ports market cap crosses Rs 1 trillion mark

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?