Adani Ports and Special Economic Zone Ltd, on 1 May, announced its quarterly earnings for the January-March quarter.
Adani Ports reported a 48% year-on-year (YoY) increase in consolidated net profit to Rs 3,014 crore for the March quarter of FY25, driven by stronger income and sales growth. In the previous year, the country’s largest integrated logistics business made Rs 2,040 crore in profit.
The company’s overall income increased by almost 22% YoY to Rs 8,769.63 crore from Rs 7,199.94 crore. Total expenses increased to Rs 5,382.13 crore from Rs 4,450.52 crore.
In the March quarter of FY25, income from operations increased by 23% to Rs 8,488 crore, compared to Rs 6,897 crore in the December quarter. The earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 23.8% to Rs 5,006 crore from Rs 4,044 crore in the previous year, with a margin of 59% versus 58.6%.
The corporation has also announced that it will pay a dividend to its shareholders. In an exchange filing, it said “The Board has recommended a Dividend Rs. 7, which is a 350% per equity share of Rs. 2 each fully paid-up for the financial year 2024-25.”
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