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Adani Ports' profit jumps 48% in Q4FY25; cargo volume grows 8% to 118 mmt

Business Standard LogoBusiness Standard12h ago

Adani Ports' profit jumps 48% in Q4FY25; cargo volume grows 8% to 118 mmt - Business Standard

Quick Summary:

The company posted a profit of ₹3,014.22 crore for the quarter under review, beating the Bloomberg analysts' estimate of ₹2,662.

The company aims to handle 1 billion mtpa of cargo by 2030, backed by a planned capex of ₹50,000 crore from FY25 to FY30.

India’s largest private port operator handled 450.2 mmt of cargo in FY25, up 7 per cent year-on-year.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 14:43:53 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 663 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28308014

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 280 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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