Adani Ports Q4 Profit Surges 50% to Rs 3,023 Crore; Rs 7 Dividend Announced

Adani Ports and Special Economic Zone (APSEZ) reported a 50% year-on-year rise in consolidated net profit to Rs 3,023 crore in the fourth quarter of FY25, compared to Rs 2,025 crore in the same period last year. Adani Group's port and logistics unit saw its operating revenue for the quarter rise 16% to Rs 31,079 crore, driven by strong growth across domestic ports, logistics, and marine services.

Notably, logistics revenue surged 39% to Rs 2,881 crore, and marine revenue jumped 82% to Rs 1,144 crore in the last three months.

For the full year FY25, APSEZ recorded a profit after tax (PAT) of over Rs 11,000 crore, marking a 37% annual growth. The company’s EBITDA increased 20% year-on-year to Rs 19,025 crore, maintaining a healthy margin of 61%. The board recommended a dividend of Rs 7 per share, amounting to a total payout of approximately Rs 1,500 crore.

“We have outperformed guidance across all metrics, expanded our footprint across India and globally, and transformed our logistics and marine verticals into engines of future growth," said Ashwani Gupta, Whole-time Director & CEO, APSEZ.

He also noted that Mundra Port became the first in India to handle over 200 MMT of cargo in a single year, and Vizhinjam Port reached 100,000 TEUs within four months of launch.

In FY25, APSEZ acquired Gopalpur Port from debt-laden Shapoorji Pallonji Group, commenced operations at Vizhinjam and Colombo ports, and received board approval to acquire NQXT Australia.

The company also took over operations and maintenance at Kolkata, won a concession to develop Berth 13 at Deendayal Port, and acquired Astro Offshore.

In FY25, the company's cargo volumes reached an all-time high of 450 MMT, a 7% increase over the previous year. Growth was led by containers, which rose 20% year-on-year, and liquids and gas, up 9%. APSEZ expanded its share in the all-India cargo market to 27% and in the container market to 45.5%.

In logistics, APSEZ handled 0.64 million TEUs in containers and 21.97 MMT of bulk cargo, showing year-on-year growth of 8% and 9%, respectively. The company increased its rake count to 132 and expanded warehousing capacity to 3.1 million sq ft. Multi-modal logistics parks (MMLPs) rose to 12, and agri silo capacity reached 1.2 MMT, with plans underway to expand it to 4 MMT.

APSEZ has forecasted revenue between Rs 36,000-38,000 crore and EBITDA of Rs 21,000-22,000 crore in FY26. Net debt to EBITDA stands at a healthy 1.9x, down from 2.3x a year ago.