In-line performance; outlook remains bright

Company
02 Aug 2024
5 Min read 
  • Adani Ports & SEZ reported 11% YoY revenue growth in 1QFY25.
  •  Cargo volumes grew 8% YoY to 109mmt, with a 29% YoY rise in APAT.
  •  Domestic cargo volumes grew by 9% YoY, outpacing India's overall growth.
  •  Logistics business saw 13% YoY revenue growth and 25% EBITDA margins.
  •  APSEZ aims to drive a CAGR of 14%/15%/22% in revenue/EBITDA/PAT over FY24-26.
  •  The company plans to invest heavily in ports and logistics to drive growth.
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