• Source:JND
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Adani Port Share Price: Shares of Adani Ports and Special Economic Zone (APSEZ) soared over 6 per cent during the early trade on Friday post the Adani Group firm reported a 50% increase in its net profit for the March quarter and revealed a more optimistic forecast for the current fiscal year's revenue growth. On the BSE, the stock surged 6.39 percent to Rs 1,294.85. It increased 6.45 percent to Rs 1,295 at the NSE. Among the Sensex and Nifty50 companies, the stock was the largest gainer.

Citing a strong increase in port volumes and a robust rise in logistics business, APSEZ reported a 50% increase in its March quarter net profit on Thursday and issued a higher year-over-year revenue growth forecast for the current fiscal year.

The company said in a statement that its net profit for January-March, the fourth quarter of the fiscal year from April 2024 to March 2025, was Rs 3,025 crore, up from Rs 2,015 crore during the same period last year.

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The amount of cargo handled by the 15 ports run by the APSEZ increased by 8% to 118 million tonnes in Q4 and by 7% to 450 million tonnes in the fiscal year 2024–2025.

The company reported a record-breaking profit of Rs 11,061 crore for the entire year, up 37% from the year before. The leading private port operator in the nation stated that it anticipates revenue growth in the current fiscal year, which began on April 1st, 2025–2026, to be between 15.8% and 22.2%. In the previous fiscal year, its revenue increased by 16% to Rs 31,079 crore.

Revenue from APSEZ's largest business, ports, increased by 12% in 2024–25 (FY25), while the logistics division, driven by increased volumes of bulk and container cargo, increased by 39%.

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