Tuesday, Mar 18 2025 | Time 13:30 Hrs(IST)
Business EconomyPosted at: Jan 30 2025 3:37PM


APSEZ profit surges 14 pc to Rs 2,518 crore in Q3

New Delhi, Jan 30 (UNI) Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday reported a 14% year-on-year rise in consolidated net profit to Rs 2,518 crore for the October-December quarter (Q3) of the current financial year 2024-25.
The Adani Group company had posted a profit of Rs 2,208 crore in Q3 of the previous financial year 2023-24.
APSEZ's revenue from operations during the December quarter of the current financial year grew 15% year-on-year to Rs 7,964 crore as compared to Rs 6,920 crore in the corresponding period last year.
The private port operator handled 113 million metric tonnes (MMT) of cargo in Q3 of FY25, up 4% year-on-year.
APSEZ is the largest private port developer and operator in India, with 7 strategically located ports and terminals on the west coast (Mundra, Tuna Tekra & Berth 13 in Kandla, Dahej, and Hazira in Gujarat, Mormugao in Goa, Dighi in Maharashtra, and Vizhinjam in Kerala; and 8 ports and terminals on the east coast (Haldia in West Bengal, Dhamra and Gopalpur in Odisha, Gangavaram and Krishnapatnam in Andhra Pradesh, Kattupalli and Ennore in Tamil Nadu, and Karaikal in Puducherry).
APSEZ clocked 332 MMT cargo volume in 9M FY25, led by growth in containers, liquids, gas, and dry bulk cargo.
UNI NK ARN
Please log in to get detailed story.
Tags: #APSEZ profit surges 14 pc to Rs 2#518 crore in Q3
More News
Sensex zooms over 600 pts

Sensex zooms over 600 pts

18 Mar 2025 | 10:34 AM

Mumbai, Mar 18 (UNI) The BSE Sensex on Tuesday rallied 602 pts at 74,711 in the opening session as buying was seen across the board amid a positive Asian market.

see more..

Torrent Group completes acquiring majority stake in IPL franchise Gujarat Titans

17 Mar 2025 | 10:57 PM

Ahmedabad, Mar 17 (UNI) Torrent Group on Monday said it has completed the acquisition of a 67% majority stake in the Indian Premier League (IPL) franchise Gujarat Titans (Irelia Sports India Private Limited) from Irelia Company Pte Ltd.

see more..

Total exports from India rise 6 24 pc to USD 750 53 billion

17 Mar 2025 | 10:42 PM

New Delhi, March 17 (UNI) India's cumulative exports (merchandise and services) during the April-February period of 2024-25 grew 6.24% year-on-year to USD 750.53 billion as compared to USD 706.43 billion in the corresponding period of the previous financial year, as per official data released on Monday.

see more..

Meghalaya to host 7th Act East Business show from March 25

17 Mar 2025 | 10:16 PM

Shillong, Mar 17 (UNI) Meghalaya is set to host the 7th Act East Business Show to foster stronger economic and trade relations between Bangladesh, Bhutan, India, Nepal (BBIN), and Association of Southeast Asian Nations (ASEAN).

see more..

Chai Kings secures USD 3 mn Series-A Funding from AVT

17 Mar 2025 | 8:56 PM

Chennai, Mar 17 (UNI) Chai Kings, Tamil Nadu’s leading chai retail chain, has successfully raised USD three million (Rs 24 crore) in its Series-A funding round from A.V.Thomas and Co.(AVT), one
of India’s largest packaged tea players.

see more..