Overview
- Adani Ports reported a 50% year-on-year increase in Q4FY25 net profit to Rs 3,023 crore, with revenue rising 23% to Rs 8,488 crore and EBITDA up 24%.
- April operational updates showed Adani Ports handled 37.5 million metric tonnes of cargo, a 4% year-on-year growth, driven by a 21% rise in container volumes and an 8% increase in liquids and gas.
- Adani Enterprises posted a 753% year-on-year surge in Q4FY25 net profit to Rs 3,845 crore, despite an 8% decline in revenue to Rs 26,966 crore.
- Brokerages Nuvama and Motilal Oswal raised target prices for Adani Ports to Rs 1,810 and Rs 1,550, citing robust growth in marine and logistics segments and a strong FY26 outlook.
- Representatives for Gautam Adani reportedly met with US officials to address criminal charges in a bribery probe, though the legal overhang persists.