adani ports q2 results 2024

Adani Ports Q2 Results, Profit Rises by 40%: Adani Port Share Price Lifts Up

Adani Ports Q2 results FY25 reported a 40% year-on-year growth in the consolidated net profit. On the Adani Ports Q2 results date which was October 29, 2024, the Adani Port share price closed at ₹1,372.70. On October 30, 2024, Adani Port share price closed with a rise at ₹1,396.20.

Adani Ports Q2 Results FY25: Key Highlights

Adani Port share price has delivered positive returns of 1.72% in the last 1 day (as on October 30, 2024). The consolidated net profit was ₹2,445 crores in the second quarter of FY25 higher than the net profit of ₹1,748 crores in the sequential quarter of FY24.

The revenue from operations rose to ₹7,067 crores in Q2 FY25 with a growth of 6% YoY. EBITDA increased to ₹4,369 crores by 13% YoY including the EBITDA margin rose to 62% in Q2 FY25 according to the Adani Ports quarterly results​.

The company achieved a cargo volume of 220 MMT (Million Metric Tonnes), up 9% YoY in H1 (first-half) FY25 backed by the growth of containers as mentioned in the Adani Ports results. In the last 1-year, Adani Port share price has delivered a return of 77.86% (as on October 30, 2024).

Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.

Reference
https://www.adaniports.com/-/media/Project/Ports/Investor/Investor-Downloads/Operational-Highlights/Q2-FY-25.pdf

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