Adani Ports & Special Economic Zone Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Adani Ports & Special Economic Zone Ltd reported a 11.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 10.2%.
- Its expenses for the quarter were up by 17.1% QoQ and 13.1% YoY.
- The net profit increased 4.4% QoQ and increased 14.0% YoY.
- The earnings per share (EPS) of Adani Ports & Special Economic Zone Ltd stood at 11.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 8186.90 | 7372.37 | 7426.95 | 11.0% | 10.2% |
Total Expenses | 5190.53 | 4433.96 | 4588.10 | 17.1% | 13.1% |
Profit Before Tax | 2968.52 | 2886.64 | 2838.85 | 2.8% | 4.6% |
Tax | 501.48 | 472.63 | 533.12 | 6.1% | -5.9% |
Profit After Tax | 2518.39 | 2412.54 | 2208.21 | 4.4% | 14.0% |
Earnings Per Share | 11.70 | 11.30 | 10.20 | 3.5% | 14.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Adani Ports & Special Economic Zone Ltd (APSEZ) is part of the Adani Group, a leading Indian conglomerate with diversified business interests. APSEZ is India's largest commercial port operator, responsible for handling a significant portion of the country's cargo. The company's operations include port development and management, with an extensive network of ports across India. It is involved in various segments of port operations, including container terminals, logistics parks, and special economic zones. Recent developments may include strategic expansions or partnerships to enhance its operational capacity and reach, though specific recent events are not provided here.
Revenue
For the third quarter of the financial year 2025 (Q3FY25), Adani Ports & Special Economic Zone Ltd reported a total income of ₹8,186.90 crores. This marks an increase from the previous quarter (Q2FY25), which recorded a total income of ₹7,372.37 crores, reflecting a quarter-over-quarter (QoQ) growth of 11.0%. Compared to the same quarter in the previous year (Q3FY24), where the total income was ₹7,426.95 crores, there is a year-over-year (YoY) growth of 10.2%. This consistent growth indicates a positive revenue trajectory over both the quarterly and yearly periods.
Profitability
The company's profit before tax (PBT) for Q3FY25 stands at ₹2,968.52 crores, a QoQ increase of 2.8% from ₹2,886.64 crores in Q2FY25. In comparison to Q3FY24, where the PBT was ₹2,838.85 crores, there is a YoY increase of 4.6%. After accounting for taxes, the profit after tax (PAT) for Q3FY25 is ₹2,518.39 crores, which is a 4.4% increase from the previous quarter's PAT of ₹2,412.54 crores and a 14.0% increase from Q3FY24's PAT of ₹2,208.21 crores. This reflects improvements in the company's profitability, with a notable increase in earnings per share (EPS), which rose to ₹11.70 in Q3FY25 from ₹11.30 in Q2FY25 and ₹10.20 in Q3FY24, indicating a YoY growth of 14.7%.
Operating Metrics
The total expenses for Adani Ports & Special Economic Zone Ltd in Q3FY25 amounted to ₹5,190.53 crores, which is a 17.1% increase from the previous quarter's expenses of ₹4,433.96 crores. Compared to Q3FY24, where the expenses were ₹4,588.10 crores, there is a YoY increase of 13.1%. The tax expense for Q3FY25 is ₹501.48 crores, which shows a QoQ increase of 6.1% from ₹472.63 crores in Q2FY25, but a YoY decrease of 5.9% from ₹533.12 crores in Q3FY24. These figures illustrate the company's operational expenditure dynamics and tax obligations over the respective periods. The earnings per share (EPS), a key indicator of shareholder value, increased by 3.5% QoQ and 14.7% YoY, reaching ₹11.70 in Q3FY25.
