Latest news with #AdaniPortsandSpecialEconomicZoneLimited
NDTV
5 days ago
- Business
- NDTV
Adani Ports Clocks 21% Revenue Jump At Rs 9,126 Crore In First Quarter
Ahmedabad: Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 21 per cent jump in quarterly revenue at Rs 9,126 crore, driven by a 2 times jump in logistics and a 2.9 times increase in marine. Net profit grew 7 per cent to Rs 3,311 crore in the April-June quarter, from Rs 3,107 crore in the same quarter last fiscal. Cargo volume reached 121 million metric tonnes (MMT) from 109 MMT (11 per cent growth) as all-India cargo market share increased to 27.8 per cent in Q1 FY26 from 27.2 per cent in Q1 FY25. Container market share stood at 45.2 per cent (45.9% in Q1 FY25). "This quarter's 21 per cent revenue growth is anchored by extraordinary momentum in our Logistics and Marine businesses, which grew 2 times and 2.9 times, respectively," said Ashwani Gupta, Whole-time Director and CEO, APSEZ. Logistics grew to Rs 1,169 crore from Rs 571 crore in the quarter, while marine reached Rs 541 crore from Rs 188 crore with 118 vessels. "These are no longer ancillary verticals -- they are reshaping the contours of our future-ready ports ecosystem. With expanding Trucking and International Freight Network services and a fast-growing, diversified marine fleet in the MEASA region, we are deepening our integrated transport utility approach and extending our value chain from port gate to customer gate," Gupta said. Coupled with cargo growth and market share gains in the domestic ports business, and higher revenue and improving EBITDA in international ports, "we remain firmly on track to meet our FY26 guidance", he added. In Q1, the Adani Group's flagship company commenced operations at the Colombo West International Terminal (CWIT), a fully automated, natural deep-water port. CWIT is a public-private partnership under a 35-year BOT agreement. Upon full completion, CWIT will handle c. 3.2m TEUs annually. "Dhamra port opened a new export berth. Also commenced construction of two new berths that will increase port capacity to 92 MMT. Won a liquid cargo handling contract from a large carbon black manufacturer. Inaugurated a warehouse for a large steel manufacturer to house cold rolled coils," the company informed. Vizhinjam port completed its first year and achieved 100 per cent utilisation in its ninth month of operation. The company commenced construction of Phase 2 at the port. "The Board has approved the acquisition of NQXT Port, Australia. NQXT is a natural deep-water, multi-user export terminal with a nameplate capacity of 50 MTPA. The transaction is subject to regulatory approvals," Adani Ports said.
India Today
17-06-2025
- Business
- India Today
Fact Check: These four videos DON'T show Iran's strikes on Israel at all
As the Israel-Iran conflict escalates, at least 24 people have been killed so far and more than 500 injured in Israel. On the other hand, in Iran, Israeli strikes have reportedly killed at least 224 people since June this, social media has been inundated with numerous videos allegedly showing the conflict. But are all these videos connected to the present conflict? In this story, we shall debunk refinery attackedA video allegedly showing a massive explosion at the Haifa oil refinery because of an Iranian missile attack was shared by many. A Facebook user shared the clip and wrote, 'The Haifa refinery is burning. This refinery makes 80%+ of Israel's fuel, including those for fighter jets. This will cripple Israel for a few months.' While Iranian missile attacks did damage the Haifa oil refinery in Israel, we found that the viral video is neither from Haifa nor Israel. The video shows the Shahran Oil Depot in Tehran, which was targeted in an Israeli missile attack on June at portAnother video circulating on social media purports to show a massive blast at Israel's Haifa port caused by an Iranian attack. A Facebook user shared the video and wrote: 'BREAKING: The blast at Haifa Port is set to be remembered in history as one of Iran's most lethal and strategically devastating strikes. Witnesses were left in shock as the sheer scale of the explosion unfolded before their eyes.'advertisementWe found that the video is unrelated to the present Iran-Israel conflict. In fact, it shows a warehouse explosion that occurred in Tianjin, China, in August 2015. Two massive explosions in succession resulted in dozens of deaths and hundreds of injuries. They were reportedly caused by a fire at a warehouse owned by a company specialising in handling hazardous materials. It's noteworthy that Israel's Haifa port is currently owned by Indian billionaire Gautam Adani's company, Adani Ports and Special Economic Zone Limited. After rumours of the Iranian attack on Haifa port emerged, Adani Group Chief Financial Officer Jugeshinder Robbie Singh dismissed the claims as false on June Jugeshinder Robbie Singh (@jugeshinder) June 15, 2025Iranian drone downIn another such video, a drone is seen descending over a city, causing an explosion, as sirens blare in the background. A Facebook user shared the clip and wrote, 'BREAKING... Iranian drone goes down inside Israeli territory.'We found that the video is from October 2022 and shows a Russian kamikaze drone attack on Kyiv, the capital of Ukraine. It has nothing to do with the ongoing Iran-Israel conflict. While Israel has shot down many Iranian drones so far, this specific video doesn't show Iranian assaultIn this video, explosions can be seen taking place in an urban area at night, allegedly an Iranian attack on found that the viral video is from 2003 and shows Baghdad being attacked by US-led coalition forces during the early stages of the Iraq War in 2003. These attacks saw massive air bombardment destroying key infrastructure and symbols of power in the capital city of Iraq. This means the video is not related to the ongoing Iran-Israel it is evident that these videos do not depict the Iranian attack on InMust Watch Want to send us something for verification? Please share it on our at 73 7000 7000 You can also send us an email at factcheck@
Business Upturn
02-05-2025
- Business
- Business Upturn
Adani Ports reports 4% YoY growth in cargo volume for April 2025
Adani Ports and Special Economic Zone Limited (APSEZ) reported its operational performance for April 2025, indicating steady growth across its core logistics and port operations. The company handled cargo volume of 37.5 million metric tonnes (MMT) during the month, marking a 4% increase compared to the same period last year. This growth was primarily supported by a significant rise in container volumes, which grew by 21% year-on-year, along with an 8% increase in the handling of liquid cargo and gas. In the logistics segment, APSEZ reported a rail volume of 57,751 twenty-foot equivalent units (TEUs), representing a 17% year-on-year growth. The GPWIS (General Purpose Wagon Investment Scheme) cargo volume stood at 1.8 MMT, reflecting a 4% increase over April 2024. These figures reflect consistent growth in multimodal transport and integrated logistics handled by the company. Adani Ports Q4 FY25 Results Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 50% year-on-year (YoY) surge in consolidated net profit for Q4 FY25, reaching ₹3,023 crore, up from ₹2,025 crore. Operational revenue grew 23% YoY to ₹8,488 crore, while EBITDA rose 24% to ₹5,006 crore, showcasing strong margin gains and operational efficiency. Robust cargo growth fueled performance, with total cargo volumes hitting 117.9 MMT—an 8% increase YoY. Mundra Port led the way, handling 50.7 MMT in Q4 and becoming the first Indian port to cross 200 MMT in a single fiscal year. The logistics division posted a 84% jump in revenue to ₹1,030 crore, with EBITDA at ₹181 crore and margins at 18%. Marine services also saw revenue rise 125% YoY to ₹361 crore, with EBITDA soaring 167% to ₹259 crore. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
01-05-2025
- Business
- Time of India
Adani Ports and Special Economic Zone Limited (APSEZ) posts record Rs 11,061 crore profit in FY25, up 37%
AHMEDABAD: Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday reported its highest-ever profit after tax of Rs 11,061 crore for the financial year ended 31 March 2025, up 37% over FY 2024. Tired of too many ads? go ad free now The company's revenue from operations increased 16% to Rs 31,079 crore, whereas EBITDA grew 20% to Rs 19,025 crore during the period. For the January–March quarter, APSEZ posted a 50% rise in PAT at Rs 3,023 crore, with quarterly revenue up 23% to Rs 8,488 crore. The company handled 450 million metric tonnes (MMT) of cargo in FY25, driven by strong growth in container traffic (up 20%) and liquids and gas (up 9%). Mundra Port became the first in to surpass 200 MMT of annual cargo, while Vizhinjam Port, which became operational only in late 2024, crossed the 100,000 TEUs monthly milestone in March 2025. The company's all-India market share rose to 27%, while its container market share increased to 45.5%. APSEZ's logistics business saw continued momentum, with container volumes rising 8% to 0.64 million Twenty-foot Equivalent Units (TEUs) and bulk cargo volumes reaching 21.97 MMT, up 9%. The number of rakes increased to 132, while warehousing capacity grew from 2.4 million to 3.1 million sq ft. Its agri silo capacity stood at 1.2 MMT, with work underway to expand it to 4 MMT. APSEZ improved its net debt-to-EBITDA ratio to 1.9x from 2.3x a year earlier. The board has recommended a dividend of Rs 7 per share, implying a total payout of about Rs 1,500 crore. Ashwani Gupta , Whole-time Director and CEO, APSEZ, said, 'We outperformed guidance across all metrics, expanded our footprint in India and globally, and transformed our logistics and marine verticals into engines of future growth.'
Business Upturn
01-05-2025
- Business
- Business Upturn
Q4 results today, May 1: Adani Enterprises, Adani Ports, 5paisa Capital, Bondada Engineerin and others to announce earnings
Indian stock markets remained largely flat yesterday ahead of the Maharashtra Day holiday. The BSE Sensex declined marginally by 46 points, or 0.06%, to close at 80,242. Similarly, the NSE Nifty50 ended almost unchanged, down just 2 points at 24,334. Markets Closed on May 1 for Maharashtra Day Today, Thursday, May 1, Indian stock exchanges are closed in observance of Maharashtra Day, which marks the formation of the state of Maharashtra. Regular trading activities will resume on Friday, May 2. Despite the trading holiday, several listed companies are scheduled to release their fourth-quarter results for the financial year 2024–25. Companies Announcing Q4 FY25 Results on May 1 5paisa Capital Limited Adani Enterprises Limited Adani Ports and Special Economic Zone Limited Bondada Engineering Limited Dr. Lalchandani Labs Limited Eternal Limited Home First Finance Company India Limited Jaiprakash Power Ventures Limited Madhav Infra Projects Limited Nuvoco Vistas Corporation Limited Paushak Limited RailTel Corporation of India Limited Rajasthan Tube Manufacturing Company Limited SIS Limited Sportking India Limited Disclaimer: The above views are based on publicly available information and announcements. They do not constitute investment advice. Please make any and every investment decision after consulting your financial advisor. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
