Adani Ports Q4 Results: Net Profit ₹3,023 Crore, Sets Record Cargo Volumes

Mumbai, April 29, 2025 — Adani Ports and Special Economic Zone (APSEZ) delivered an impressive financial performance in the fourth quarter of FY24, reporting a 50% year-on-year jump in consolidated net profit to ₹3,023 crore, compared to ₹2,025 crore in the same period last year.

The company’s consolidated revenue rose by 23% YoY to ₹8,488 crore, driven by strong performance in port operations, logistics, and marine services. The Q4 EBITDA also improved 24%, reaching ₹5,006 crore, reflecting efficient cost management and high operational output.

Adani Ports Q4 Results Record Performance in FY25

Ashwani Gupta, Whole-Time Director and CEO of APSEZ, hailed the results, stating, “Our record-breaking performance in FY25—crossing ₹11,000 crore in PAT and handling 450 MMT of cargo—is a testament to the power of integrated thinking and flawless execution.”

Adani Ports attributed its stellar growth to robust cargo volumes, enhanced logistics operations, and improved margins across all verticals.

Cargo and Port Operations: Strong Growth

During Q4, cargo volumes surged to 117.9 million metric tonnes (MMT), marking an 8% increase from 108.7 MMT in Q4 FY24. Mundra Port alone handled 50.7 MMT, registering an 11% YoY rise and becoming the first Indian port to exceed 200 MMT cargo handling in a single financial year.

Container volumes rose by 23% YoY, with solid gains in both domestic and international shipping operations.

Logistics and Marine Segments Drive Revenue

APSEZ’s logistics division showed remarkable growth, with revenue climbing to ₹1,030 crore in Q4 FY25 from ₹560 crore in the corresponding period last year. The increase was driven by higher volumes in trucking and integrated freight solutions. EBITDA for this division stood at ₹181 crore, with healthy margins of 18%.

The marine services segment was another standout performer, with revenue growing 125% YoY to ₹361 crore, and EBITDA rising 167% YoY to ₹259 crore.

Financial Discipline and Expansion Strategy

APSEZ maintained strict financial discipline, reducing its net debt-to-EBITDA ratio from 2.3x to 1.9x. EBITDA margins remained stable at 59%, showcasing sustained operational efficiency.

The company also made strides in global expansion, initiating operations at Colombo’s West International Terminal and progressing towards the acquisition of Australia’s North Queensland Export Terminal. Domestically, terminal activities ramped up at Vizhinjam and Gopalpur.

FY26 Outlook

Looking ahead, Adani Ports has set optimistic targets for FY26. The company projects revenue between ₹36,000–38,000 crore and EBITDA of ₹21,000–22,000 crore, underscoring strong expectations for continued growth across its integrated operations.

Gupta concluded, “Our Q4 success reflects the strength of our integrated transport strategy. With consistent delivery across ports, logistics, and marine services, we’ve laid a solid foundation for long-term, sustainable growth.”

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