Adani Ports’ Q2FY25 Results

• Adani Ports reported an 8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 6%.
• Its expenses for the quarter were up by 5% QoQ and down by 1% YoY.
• The net profit reduced 22% QoQ and grew 37% YoY.
• The earnings per share (EPS) of Adani Ports stood at 11.3 during Q2FY25.

Adani Ports’ Financial Statements for Q2FY25:

Financials:

H1 2024-2025 Results Summary

• Cargo volume grew 9% YoY to 220 MMT
• EBITDA and PAT grew 21% and 42% YoY respectively
• Completed the acquisition of Gopalpur Port and Astro Offshore, signed 2 new port concession agreements
• Well-positioned to hit the upper end of FY25 EBITDA guidance (₹17,000-18,000 Cr)
• Reiterates FY25 cargo volume guidance of 460 MMT- 480 MMT
• “AAA” rating from 4 domestic rating agencies – CRISIL, ICRA, CARE, India Ratings

Management Commentary:

Mr Ashwani Gupta, Whole-time Director & CEO, Adani Ports and Special Economic Zone Limited (APSEZ),

• Continued growth across operations, with strong volume ramp-ups at existing ports.
• Progress on new capacity additions in Gopalpur, Vizhinjam, and Colombo.
• Diversified marine fleet by adding 26 offshore support vessels.
• Robust growth in logistics business, improving last-mile connectivity through expansions in rakes, warehousing, MMLPs, and agri-silos.
• Mundra Port achieved over 100 MMT cargo in 181 days.
• Positive cargo volume trajectory supports FY25 cargo guidance and upper-end EBITDA targets.
• Commitment to sustainable growth and operational excellence.

Data Source: BSE, Company announcements

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