Adani Ports Q3 net profit soars 64% on-year; revenue at Rs 7,426 crore
Thu, Feb 1, 2024 1:30 PM

Adani Ports Q3 net profit soars 64% on-year; revenue at Rs 7,426 crore

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Adani Ports reported strong Q3 earnings with 65% increase in net profit and 47% surge in revenue, driven by increased cargo volumes. The company's EBITDA also saw a 59% jump. Adani Ports achieved its highest-ever quarterly cargo volume of 108.6 MMT and a key milestone of 300 MMT in the fastest time compared to previous years. It has a market share of over 24% in cargo handling.

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