Adani Ports and Special Economic Zone Ltd (APSEZ) reported robust Q3FY25 financial results, reflecting strong revenue growth, higher profitability, and an upward revision in its EBITDA guidance for the fiscal year.
Revenue from operations increased 15.1% year-on-year (YoY) to ₹7,963.55 crore, up from ₹6,920.10 crore in the same quarter last year. On a sequential basis, revenue rose 12.7% from ₹7,067.02 crore in Q2FY25.
The company’s profit after tax (PAT) grew 14% YoY to ₹2,518.39 crore in Q3FY25, compared to ₹2,208.21 crore in the previous year’s quarter. Sequentially, the profit was up by 4.4% from ₹2,412.54 crore in Q2FY25.
EBITDA increased 15% YoY to ₹4,802 crore in Q3FY25, rising from ₹4,185 crore in Q3FY24. However, the EBITDA margin saw a minor decline, standing at 60.3% compared to 60.5% in the year-ago period.
The company has raised its FY25 EBITDA guidance to ₹18,800-18,900 crore, up from its previous forecast of ₹17,000-18,000 crore, indicating improved operational outlook and efficiency.
For the nine-month period ending December 31, 2024, Adani Ports posted total revenue of ₹21,986.89 crore, up from ₹19,814.06 crore in the corresponding period last year. The net profit for the same period stood at ₹8,038.16 crore, increasing from ₹6,089.22 crore in the prior year.
With a strong operational performance, higher earnings, and an optimistic EBITDA guidance, Adani Ports continues to solidify its position as a market leader in the logistics and port sector.