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Adani Ports Q3 Results Review - Motilal Oswal Retains 'Buy' On The Stock, Sees 30% Upside — Here's Why

Adani Ports’ Q3 performance was in line and the company is projected to grow at 1.5-2.0x India’s cargo volume, driven by market share gains and capacity expansion, adds the brokerage.

<div class="paragraphs"><p>Adani Ports &amp; SEZ  reported a revenue growth of 15% YoY to Rs 79.6 billion in Q3 FY25 (estimate was Rs 75 billion).</p><p>(Photo source: Adani Ports and Special Economic Zone website)</p></div>
Adani Ports & SEZ reported a revenue growth of 15% YoY to Rs 79.6 billion in Q3 FY25 (estimate was Rs 75 billion).

(Photo source: Adani Ports and Special Economic Zone website)

Adani Ports remains on track to commission the Colombo Port by 2026, with trial volumes expected in Q4 FY25. Growth will be further driven by new volumes from Vizhinjam, Gopalpur, and Tanzania ports, with Vizhinjam now commercially operational and the other two expected to handle ~1 mmt monthly from Jan’25.
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