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.