Adani Ports Q1FY2025 net profit up 47% on higher volumes

Adani Ports and Special Economic Zone (APSEZ) reported a 47 percent increase in net profit at Rs 3,107 crore for the first quarter of financial year 2024-25 compared to Rs 2,119 crore in the same period last year on higher volumes. Revenue increased 21 percent to Rs 7,560 crore and cargo handled was up eight percent at 109 million tonnes, says an official release. The volume growth was primarily driven by containers (up 18 percent YoY) and liquids & gas (up 11 percent YoY), the release added.