Adani Ports Q3 Results: Profit Rises 14% To Rs 2,520 Crore, Meets Estimates

• The Ebitda guidance for fiscal 2025 increased to Rs 18,800-18,900 crore from Rs 17,000-18,000 crore, the company said in a release.

• Net debt to trailing 12 months Ebitda stood at 2.1 times versus 2.3 times in fiscal 2024, it added.

• Ports revenue increased 11% YoY to Rs 17,172 crore.

• Logistics revenue increased by 22% to Rs 1,852 crore.

• Closed Gopalpur and Astro Offshore transactions worth over Rs 4,600 crore in the third quarter.

• During the first nine months of fiscal 2025, the company handled 332 million metric tonne of total cargo, which was up 7% YoY.

• The containers segment logged a 19% YoY growth, followed by an 8% YoY rise in liquids and gas cargo.

• The company's all-India cargo market share in April-December stood at 27.2%, whereas the container market share during the same period stood at 45.2%.

• "Logistics continued its momentum with growth across container volume," Adani Ports said in a release.

• In November 2024, Mundra Port set a new record by handling 396 vessels and carrying out 845 vessel movements—the highest ever in a single month, the company pointed out. The port also achieved a milestone by exporting 5,405 cars in one shipment.

Shares of Adani Ports were trading 1.31% higher at Rs 1,111.4 apiece on the NSE as of 1:14 p.m., as compared to a 0.44% advance in the benchmark Nifty 50.

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