Latest news with #AdaniPortsandSpecialEconomicZoneLimited
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
Time of India
21-04-2025
- Time of India
Former superintendent at Mundra port gets 5 years in jail in DA case
Ahmedabad: A special CBI court here on Monday sentenced a former superintendent at the development commissioner's office in Adani Ports and Special Economic Zone Limited (APSEZ) in Mundra, Kutch, to five years in jail and imposed a fine of Rs 80 lakh on him after it was proved that he amassed wealth illegally. According to case details, the former officer, Pankaj Raval, and his wife, Kiran Raval, were charged with having disproportionate assets (DA) worth Rs 45 lakh compared to their known sources of income in 2015. This was for a period of six years (2009-2015). The Central Bureau of Investigation (CBI) probe found that the couple purchased a large amount of jewellery and accumulated other assets during the check period of 2009-2015. The assets acquired were pegged at 153% more than the legitimate income source. The CBI filed a chargesheet against Raval and his wife, who passed away during the pendency of the trial, and therefore her name was removed from the proceedings, the CBI said in a statement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 4BHK+Family Lounge+Utility room at 4.49Cr (All Incl)* ATS Triumph, Gurgaon Book Now Undo The CBI examined 35 witnesses and relied on 101 documents in support of the charges against Raval. After the trial, the special judge at the city sessions court, D G Rana, offered a word of advice when he quoted from the Upanishad, "Ishavasyam Edam Sarvam Yatkinch Jagtyam Jagat Ten Tyakten Bhunjeetha Ma Grudhah Kashyashvid Dhanam" (All this here is permeated by Brahman, i.e., The Supreme Soul, Whatever there is in this world. Enjoy things by renunciation. Do not covet wealth as it belongs to no one.) The court order stated, "Justice demands punishments that express public abhorrence of the crime, demonstrating society's strong disapproval for such public servants who amass wealth by illegal means abusing power or position." The court further said, "Considering the gravity of the offence, this court is mindful of the fact that the accused was engaged in official work as an appraiser at the development commissioner's office, APSEZ Mundra. His job profile is such that even minor deviations may result in a huge loss to the govt exchequer."
