Adani Ports & SEZ's Q3 FY25 profit after tax up by 14 pc YoY to ₹2,520 cr

Adani Ports and Special Economic Zone's (APSEZ) consolidated net profit rose by 14.12 per cent to Rs 2,520.26 crore based on a 15.07 per cent increase in revenue from operations to Rs 7,963.55 crore in Q3 FY25 over Q3 FY24, according to a company statement issued here on Thursday.

- STATESMAN NEWS SERVICE

Its profit before exceptional items and tax gained 11.17 per cent year-on-year (YoY) to Rs 3,047.72 crore in the quarter ended 31 December 2024. The company had reported an exceptional loss of Rs 27.85 crore in Q3 FY25.

APSEZ's Earnings Before Interest, Taxes, Depreciation & Amortization (EBITDA excluding forex) jumped 15 per cent to Rs 4,802 crore in the quarter of FY25, compared to Rs 4,186 crore registered in Q3 FY24.

Domestic ports contributed Rs 5,534 crore to EBITDA, while the contribution of logistics was at Rs 529 crore. APSEZ claimed that with 70 per cent domestic port EBITDA margins, it is one of the most profitable port operators globally.

During the quarter, APSEZ recorded a cargo volume of 113 million metric tonnes (MMT), registering growth of 4 per cent YoY.