Mumbai21 minutes ago
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After the strong quarterly results of the Adani Ports and Special Economic Zone (SEZ), it has a gain of more than 5% today i.e. on 2 May. The company’s stock is trading at Rs 62.40 (5.13%) at Rs 1,278.
According to the results released on Thursday, a total of Rs 8,770 crore has been earned in the fourth quarter (Q4FY25) of FY 2024-25. This is 21.81% higher than last year. The company earned Rs 7,200 crore in the same quarter of last year.
At the same time, the company made a net profit of Rs 3,014 crore. It was 47.74% higher at the annual base (January-March of 2024). At the same time, it has increased by 20% compared to the previous quarter i.e. October-December.
Revenue increased by 6.58% to ₹ 8,488 crore In the fourth quarter (Q4Fy25), Adani Ports generated revenue of Rs 8,488 crore ie revenue. It has increased by 6.58% compared to last year’s January-March. In January-March 2024, the company generated a revenue of Rs 7,964 crore.
In the fourth quarter (Q4Fy25), Adani Ports generated revenue of Rs 8,488 crore ie revenue. It has increased by 6.58% compared to last year’s January-March. In January-March 2024, the company generated a revenue of Rs 7,964 crore.
Company shares fell more than 4% in 1 year The share of Adani Ports was at Rs 1,338 on 1 May 2024, a year ago. Which is now at Rs 1,278. That is, its stock fell by more than 4%. At the same time, in the last 6 months, the company’s stock has seen a decline of more than 5%.
