Adani Enterprises reports 8-fold growth in Q2FY25 profit, Adani Port’s PAT surges 40 per cent

Additionally, Adani Ports and Special Economic Zone Ltd (APSEZ)’s net profit for the quarter ended September rose 40% to Rs 2,445 crore. It reported net profit of Rs 1,748 crore in the year-ago quarter.

Revenue from operations for the country’s biggest port operator rose 6% to Rs 7,067 crore in Q2FY25 as against Rs 6,646 crore in Q2FY24.

We are pleased to witness continued growth across our operations, with our existing ports delivering strong volume ramp-ups and new capacity additions progressing as planned in Gopalpur, Vizhinjam and Colombo,” said Ashwani Gupta, Whole-time Director & CEO, of Adani Ports and Special Economic Zone Limited (APSEZ).

“During the quarter, we also diversified our marine fleet, adding 26 offshore support vessels. Our logistics business too achieved robust growth, enhancing last-mile connectivity through expansions in rakes, warehousing, MMLPs and agri-silos. Mundra Port’s remarkable milestone of crossing 100 MMT in 181 days and our cargo volume trajectory reaffirm our confidence in delivering our FY25 cargo guidance and hitting the upper end of our EBITDA guidance for the year,” added Gupta.