Adani Ports Q1FY24 Results: Consolidated PAT Rises to Rs. 2,114.72 Cr

Adani Ports: Cargo volume soars 26% YoY to 32.8 MMT in September

Adani Ports Q1 results show revenue up from 6,179.12 crores to 6,631.23 crores, a 7.32% increase in growth. EPS rise from ₹5.36 to ₹9,79, up by 82.65%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Adani Ports shared its Q1 results on Tuesday. They earned 6,631.23 crores in revenue this quarter, but that’s more than the 6,179.12 crores they made last quarter. The company’s growth increased by 7.32 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 2,114.72 crores, up from 1,158.88 crores in the previous quarter. Their quarter-to-quarter growth increased by 82.48 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹9.79, which is an increase of 82.65% from the ₹5.36 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 6,631.23 crores this year (2023), which is 20 percent higher than last year’s total revenue of 5,526.19 crores.

This year’s PAT (Profit After Tax) is 2,114.72 crores, which is also 82.57% higher than last year’s PAT of 1,158.28 crores.

The EPS (Earnings Per Share) for this year is ₹9.79, which is 82.65% more than the EPS of ₹5.36 earned last year.

Adani Ports Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Adani Ports:

Adani Ports and Special Economic Zone Limited manages a maritime port located along the western coast of India. The company offers a range of services including cargo handling, transportation, storage, logistics, and evacuation to various industries such as energy, railways, thermal power generation and transmission, agriculture, and logistics.

Download the Full PDF of Adani Ports Q1 Results: Click Here

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