By Priyadharshini
Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 47% rise in consolidated net profit, reaching Rs 3,107 crore for the April-June quarter of the current financial year. This compares to Rs 2,119 crore in the same period last year.
The company’s total income surged to Rs 8,054.18 crore, up from Rs 6,631.23 crore in the year-ago quarter. Expenses increased to Rs 4,238.94 crore from Rs 4,065.24 crore.
APSEZ Whole-time Director & CEO Ashwani Gupta commented on the strong start to FY25, highlighting the company’s all-time high earnings despite a temporary disruption at Gangavaram Port. “Our Q1 cargo volume would have been at 114.7 MMT, a 13% increase,” Gupta noted.
