The Headlines – Adani Ports Q4 earnings: Net profit grows 50% in fourth quarter to Rs 3,023 crore

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The Headlines – Adani Ports Q4 earnings: Net profit grows 50% in fourth quarter to Rs 3,023 crore

Adani Ports reported a robust 50% surge in net profit, reaching Rs 3,023 crore for Q4 FY24, driven by strong cargo growth and operational efficiency. Revenue climbed 23% to Rs 8,488 crore, with EBITDA up 24%. Mundra Port became India’s first to exceed 200 MMT in a year.

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