Adani Ports, Enterprises Report Strong Profit Gains

Adani Ports and Special Economic Zone (APSEZ) shares rose 3.76% after the company reported a 50% year-on-year increase in consolidated net profit to Rs 3,023 crore for Q4 FY24 and a 23% rise in revenue to Rs 8,488 crore. For the full year ending March 2025, APSEZ posted a record net profit exceeding Rs 11,000 crore and handled 450 million metric tonnes (MMT) of cargo, with Mundra Port becoming the first Indian port to surpass 200 MMT in a year. Growth was fueled by higher cargo and container volumes, nearly doubled logistics revenue, and strong marine services performance. The company also improved its net debt-to-EBITDA ratio and EBITDA margin, signaling robust financial discipline. Separately, Adani Enterprises, the group’s flagship, reported a 753% jump in quarterly profit due to a one-time gain from a joint venture, despite slightly lower operational revenue. These results highlight the Adani Group’s continued expansion and operational strength across its major business areas.