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Adani Group's company Adani Ports and Special Economic Zone (SEZ) has received a profit of Rs 2,520 crore in the third quarter of FY 2024-25. It has increased by 14.13% on the annual basis. The company had a profit of Rs 2,208 crore in the same quarter of a year ago.
The company's coselidated revenue increased by 15% to Rs 7,964 crore due to operating in the October-December quarter. Last year, the company generated a revenue of Rs 6,920 crore in the third quarter. The amount from selling goods and services is called revenue or revenue.
31% dropped in 6 months Share of Adani Ports
After the quarterly results, the stock of Adani Ports fell 2.09% on Thursday, 30 January to close at 1,074. In the last 5 days, the company shares have dropped 2.69%, 11.86% in a month, 30.54% in six months and 9.55% in a year. The market cap of Adani Ports and SEZ is Rs 2.33 lakh crore.
After the quarterly results, the stock of Adani Ports fell 2.09% on Thursday, 30 January to close at 1,074.
Adani ports are the largest ports operator in the country
Adani Ports is India's largest private ports operator and end-to-end logistics provider. Its 13 ports and terminals represent about 24% of the country's ports capacity. Its capacity is more than 580 mmtpa. Earlier its name was Gujarat Adani Ports Limited.
Gautam Adani established the company in 1998
The founder and chairman of Adani Ports is Gautam Adani. He established this company in 1998. Gautan Adani's son Karan Adani is the managing director and CEO Ashwani Gupta of the company. More than 1900 employees work in the company. Adani Logistics Limited is the subsidiary of Adani Ports.
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See also the results of other companies of Adani Group …
In the third quarter, Adani Power's profit rose 7.40%: ₹ 2940 crore, revenue increased by 5.23% to Rs 13,671 crore; Share climbed 5% after the results
Adani Power, a company of Adani Group, who produced thermal power, has received a net profit of Rs 2,940 crore in the third quarter of FY 2024-25. It has increased by 7.40% on an annual basis. The company made a profit of Rs 2,738 crore in the same quarter of a year ago.
Talking about the operational revenue, it was Rs 13,671.18 crore in the October-December quarter. It has increased by 5.23% on an annual basis. In the third quarter of FY 2023-24, the company generated a revenue of Rs 12,991 crore. The amount from selling goods and services is called revenue or revenue.
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Adani Wilmer's profit doubled in the third quarter: ₹ 201 crore increased to ₹ 411 crore, revenue increased 24%; 25% drop in 6 months
Adani Group's FMCG company Adani Wilmer increased by 104% to Rs 411 crore in the third quarter of FY 2024-25. The company had a profit of 201 crore in the same quarter of a year ago.
The company's operational revenue was Rs 15,859 crore in the October-December quarter. It has increased by 23.62% on an annual basis. In the third quarter of FY 2023-24, the company generated a revenue of 12,828 crore. The money from selling goods and services is called revenue or revenue.
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