Adani Ports Delivers Strong Quarterly Performance, Outlook Remains Robust 

Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and operator, has announced another solid quarter of financial results

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Adani Ports Delivers Strong Quarterly Performance, Outlook Remains Robust

Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and operator, has announced another solid quarter of financial results

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Revenue for the quarter grew 19% to Rs. 6896.5 crore compared to the same period last year.

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Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 24% to Rs. 4045 crore while margins expanded to 58.6%.

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The strong Q4 performance helped APSEZ achieve its guidance targets for the full fiscal year despite macroeconomic headwinds faced globally.

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For FY24, APSEZ recorded a 28% YoY jump in annual revenue to Rs. 26711 crore and net profit growth of 50% to Rs. 8104 crore.

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APSEZ has aggressively expanded its portfolio through strategic acquisitions, strengthening its position as India’s largest integrated transport utility.

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