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Adani Ports now expects its full-year EBITDA to be between ₹18,800 crore to ₹18,900 crore from the earlier guidance of ₹17,000 crore to ₹18,000 crore.

Results: Adani Ports and Special Economic Zone net profit for the October-December 2024 quarter increased 14% year on year to ₹2518.39 Crore

Adani Ports & Special Economic Zone Ltd. (APSEZ) reported 14% growth in Q3 consolidated net profit to ₹2,518 crore from ₹2,208 crore in the year-earlier period. | Photo Credit: PTI

Adani Ports and Special Economic Zone's (APSEZ) consolidated net profit rose by 14.12 per cent to Rs 2,520.26 crore based on a 15.07 per cent increase in revenue from operations to Rs 7,963.55 crore in Q3 FY25 over Q3 FY24,

Adani Ports missed the Bloomberg estimates, which projected its net profit at Rs 2,589.4 crore, a jump of 17.3 per cent year-on-year, according to reports

Weighed down by lower than expected Q3 results, Adani Ports share price dropped as much as 7.86% to hit a day’s low of ₹1,011 on the BSE. Early today, the port stock opened marginally higher at ₹1,100.05, after ending up by 1.67% at ₹1,097.25 in the previous session.

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The EBITDA margin of the company rose from 60 per cent during the nine-month period in FY24 to 62 per cent in the nine-month period in FY25.

The revenue for the Adani Group company was up 15.07% year-on-year to Rs 7,963.5 crore in the October-December period.

Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 14 per cent net profit jump in the October-December quarter this fiscal (FY25) at Rs 2,518 crore, from Rs 2,208 crore in the same period last fiscal (FY24).