Adani Ports & Special Economic Zone Ltd · NSE:ADANIPORTS
Adani Ports & Special Economic Zone — Q4 FY25 Earnings Presentation
74 slides from Adani Ports & Special Economic Zone's earnings presentation, May 1, 2025
Slide 1: Submission of Media Release and Investor Presentation cover letter
Ref No: APSEZL/SECT/2025-26/17 May 1, 2025 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532921 Scrip Code: ADANIPORTS Sub: Submission of Media Release and Inves
Slide 2: Media Release: APSEZ records all-time high PAT of ₹11,061 Cr in FY25
Annexure A Media Release APSEZ records all-time high PAT of ₹11,061 Cr in FY25, up 37% Revenue EBITDA PAT ₹31,079 Cr ₹19,025 Cr ₹11,061 Cr 16% YoY 20% YoY 37% YoY FY25 guidance FY25 revised guidance Driven by growth across ₹29,000-31,000 Cr ₹18,800 – 18,900 Cr ports, logistics & marine FY25 original
Slide 3: CEO quote and strategic highlights
“Our record-breaking performance in FY25—crossing ₹11,000 Cr in PAT and handling 450 MMT cargo—is a testament to the power of integrated thinking and flawless execution,” said Mr. Ashwani Gupta, Whole-time Director & CEO, APSEZ. “We have outperformed guidance across all metrics, expanded our footpri
Slide 4: Operational highlights
Operational highlights • APSEZ handled 450 MMT (+7% YoY) cargo volume in FY25, driven by containers (+20% YoY), liquids and gas (+9% YoY) • All-India cargo market share for FY25 increased to 27% (26.5% in FY24). Container market share for FY25 increased to 45.5% (c.44% in FY24) • Mundra became the f
Slide 5: ESG highlights
ESG highlights • APSEZ is committed to Net Zero by 2040. As part of its ongoing journey towards the 2040 target, APSEZ has commissioned renewable capacity of 225 MW • APSEZ was ranked among the Top 10 global transportation and transportation infrastructure companies in the 2024 S&P Global Corporate
Slide 6: About APSEZ
About APSEZ Adani Ports and Special Economic Zone Ltd (APSEZ), a part of the globally diversified Adani Group, has evolved from a port company to an Integrated Transport Utility providing end to-end solutions from its port gate to customer gate. It is the largest port developer and operator in India
Slide 7: Operational & financial highlights – Q4 & FY25
Annexure B Adani Ports and Special Economic Zone Ltd. Operational & financial highlights – Q4 & FY25 1st May 2025
Slide 8: Table of contents
Table of contents A Group profile B Company profile C Investment summary D Catalysts driving market leadership position E Operational highlights F Financial highlights G New reporting lines and FY26 guidance H ESG highlights I Annexure 2
Slide 9: Group profile
A Group profile STRICTLY CONFIDENTIAL
Slide 10: Adani Portfolio: A World class Infrastructure & Utility portfolio
Adani Portfolio: A World class Infrastructure & Utility portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal Direct to Incubator Energy & Utility Transport & Logistics & Mining consumer (100%) (100%) (73.97%) (100%) (50.00%) (100%) (100%) ANIL Ada
Slide 11: Adani Portfolio: Decades long track record of industry best growth
Adani Portfolio: Decades long track record of industry best growth with national footprint Secular growth with world leading efficiency National footprint with deep coverage Growth 3x 6 Growth 3x 6 EBITDA 72% 1,2,3 EBITDA 92% 1,3,4 AEL APSEZ Growth 4x 6 Growth 3x 6 AGEL Adani’s Core Infra. Platform
Slide 12: Adani Portfolio: Repeatable, robust & proven transformative model
Adani Portfolio: Repeatable, robust & proven transformative model of investment DEVELOPMENT1 OPERATIONS CONSUMERS 2 New C.E.O. Adani Infra (India) Limited (AIIL) | ITD Cementation Ltd. | PSP Projects Ltd. Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Const
Slide 13: Company profile
B Company profile STRICTLY CONFIDENTIAL
Slide 14: APSEZ is an Integrated Transport Utility
APSEZ is an Integrated Transport Utility - we leverage a portfolio of marine, ports and logistics assets to deliver tech-enabled transport solutions Portfolio of assets that deliver end-to-end transport solutions Marine services Ports Trains & Tracks MMLPs Warehouses* Trucks Customer gate Digitizing
Slide 15: India's largest private port operator, building select global presence
We are India’s largest private port operator, building select global presence West Coast East Coast Capacity Capacity ~361 MMT ~272 MMT Dahej 16 MMT Kandla (Tuna & Berth 13)# 20 APSEZ rejuvenates India’s Haifa Port MMT historic trade routes Mundra Ports in proximity 264 MMT to DFCs ^Haldia 4 MMT Col
Slide 16: Land bank in our port backyard supports industry cluster development
Land bank in our port backyard supports industry cluster development – we have also invested in land back for future logistics use Dhamra: ~2,000+ Ha • Rail: 62.5 km longest electrified NGR Line in the Investment in land banks for potential logistics use country (electrified from Bhadrak / Ranital t
Slide 17: Logistics: Pan-India presence
Logistics: Pan-India presence APSEZ specializes in retail, industrial, container, bulk, liquids, auto, and grain logistics. APSEZ has integrated technology to deliver advanced infrastructure and seamless supply chain solutions Pan-India logistics presence across MMLPs, warehouses and agri-silos Carg
Slide 18: Investment summary
c Investment summary STRICTLY CONFIDENTIAL
Slide 19: Growing market share
Growing market share (1) All-India and APSEZ Cargo Volumes 30% APSEZ market share (%) 27% 25% 20% 10% 15% 10% 5% 0% FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Market share growth driven by operational excellence, cargo dive
Slide 20: Long-term growth way ahead of the industry
Long-term growth way ahead of the industry All-India cargo throughput All-India and APSEZ domestic cargo volume All-India cargo (MMT) 1800 2000 1593 1600 1500 1307 1052 1400 1000 1200 500 1000 0 FY15 FY20 FY25 800 600 APSEZ domestic cargo (MMT) 400 500 431 400 200 300 223 0 200 FY11 FY17 FY05 FY10 F
Slide 21: Strong cashflow generation
Strong cashflow generation Revenue from operations (₹ Cr) EBITDA (₹ Cr) Net cash generated from operations (₹ Cr) 35,000 20,000 19,025 20,000 31,079 18,000 18,000 17,226 30,000 16,000 16,000 25,000 14,000 14,000 12,000 12,000 20,000 10,000 10,000 15,000 7,565 7,402 11,873 8,000 8,000 10,000 6,000 6,
Slide 22: Healthy EBITDA margin across both ports and logistics business
Healthy EBITDA margin across both ports and logistics business Domestic ports EBITDA (₹ Cr) Logistics EBITDA (₹ Cr) 16,503 642 6,593 234 3,510 FY15 FY20 FY25 FY20 FY25 Domestic EBITDA margin (%) Logistics EBITDA margin % 73% 24% 22% 69% 69% FY15 FY20 FY25 FY20 FY25 • Ports EBITDA has grown at 17% CA
Slide 23: Debt profile
C2 Debt profile STRICTLY CONFIDENTIAL
Slide 24: Debt maturity profile
Debt maturity profile Long-term debt maturity profile as on 31st March’25 (₹ Cr) FFO + Cash ₹24,838 Cr 12,187 9,034 FFO ₹15,847 Cr 7,655 5,823 3,846 2,996 2,616 452 250 44 FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY42 Current level of FFO exceeds the annual loan repayments; no refinance risk 18
Slide 25: Debt ratios
Debt ratios (in ₹ Cr) Gross debt, net debt & average maturity Net Debt to EBITDA 49,819 6.0 7.0 45,453 46,279 45,810 40,072 3.3 36,462 36,819 3.0 3.1 34,401 5.5 2.9 31,666 28,472 4.6 4.3 2.3 1.9 Mar'21 Mar'22 Mar'23 Mar'24 Mar'25 Net Debt Gross Debt Average Maturity (years) FY20 FY21 FY22 FY23 FY24
Slide 26: Comprehensive credit rating coverage
Comprehensive credit rating coverage Global rating agencies Domestic rating agencies AAA / Stable Baa3 / Negative AAA / Stable BBB- / Negative AAA / Stable BBB- / Negative AAA / Stable 20
Slide 27: ESG & governance
C3 ESG & governance STRICTLY CONFIDENTIAL
Slide 28: Sustainability is at the core of our operations
Sustainability is at the core of our operations Guiding Principles ESG Ratings Industry Ranking CEO Water United Nations SBTi-based net Rating Agency Rating/Score (Global level) Mandate Global Compact zero targets 68 97 Percentile India Business & IFC E&S UN Sustainable Biodiversity Performance Deve
Slide 29: Catalysts driving market leadership position
D Catalysts driving market leadership position STRICTLY CONFIDENTIAL
Slide 30: Growth opportunity in logistics is immense
Growth opportunity in logistics is immense Fastest growing economy with large consumer base We have a pan-India logistics presence Fastest Growing Large Economy Large Consumer Base G20 Real GDP CAGRs, 2015 to 2022 (%) Top 10 Countries by Population, 2022 (b) Future outlook for India is India is #1 7
Slide 31: Strategic partnerships & sticky cargo
Strategic partnerships & sticky cargo Strategic partnerships Sticky cargo share Year Company Partner & stake Adani International MSC 2011 Container (50%) Terminal Pvt Ltd Adani CMA Mundra 431 CMA-CGM 2014 Terminal 54% 56% 408 56% (50%) Pvt Ltd 49% 337 Dhamra LNG Terminal TotalEnergies 312 2019 Pvt L
Slide 32: Quality assets
Quality assets Top 10 ports of India include Mundra & Krishnapatnam Marine & Logistics assets – FY25 FY15 FY20 FY25 Marine Leading 3rd party marine services 115 vessels provider Sikka Mundra Mundra India’s largest capital dredging Dredgers 28 Mundra Sikka Paradip capacity Kandla Kandla Kandla Train
Slide 33: 'Future-ready' with integrated tech platforms
‘Future-ready’ with integrated tech platforms Automated container Fleet management Port ops management Real-time rake tracking Digital customer portal depot mgmt. (TOS) system Middleware integrating all our systems Port Community System (PCS) Command & Control / ITUP (Central platform to plan & moni
Slide 34: Operational highlights
E Operational highlights STRICTLY CONFIDENTIAL
Slide 35: FY25 highlights (1/3)
FY25 highlights (1/3) • For FY25, APSEZ’s Board has recommended a dividend of ₹7 per share. This implies a payout of c.₹1,500 Cr • APSEZ clocked 450 MMT (+ 7% YoY) cargo volume in FY25. The growth was primarily driven by container volume (+20% YoY) • Mundra became the first Indian port ever to cross
Slide 36: FY25 highlights (2/3)
FY25 highlights (2/3) • During Feb’25, Ennore container terminal welcomed the inaugural call of the GEMINI service by Maersk Line and Hapag Lloyd • During Jan’25, Mundra port’s liquid terminal set a new record by handling 0.84 MMT of cargo • During Dec’24, Karaikal Port welcomed the deepest vessel t
Slide 37: FY25 highlights (3/3)
FY25 highlights (3/3) • Logistics handled container volumes of 0.64 Mn TEUs (+8% YoY), and bulk cargo of 21.97 MMT (up 9% YoY) in FY25. In March 2025, APSEZ handled the highest ever container volume – 59,499 TEUs • Container volumes handled at MMLPs in FY25 increased by 21% YoY to 4,58,217 TEUs • In
Slide 38: Key awards / recognition reflecting operational excellence (1/2)
Key awards / recognition reflecting operational excellence (1/2) • APSEZ has made it to the Global Top 10 in Transportation & Transportation Infrastructure in the 2024 S&P Global Corporate Sustainability Assessment, ranking in the 97th percentile. APSEZ is also the only Indian company in the Top 10
Slide 39: Key awards / recognition reflecting operational excellence (2/2)
Key awards / recognition reflecting operational excellence (2/2) • Dhamra port received the Golden Peacock Occupational Health & Safety Award • Ocean Sparkle Ltd. has been awarded ‘The Maritime Standard Excellence Award’ at the Esteemed Star of the Industry Awards • Ocean Sparkle Ltd. has also been
Slide 40: Port volume – Q4 & FY25
Port volume – Q4 & FY25 In MMT Q4 FY25 Q4 FY24 YoY FY25 FY24 YoY Domestic Volume 111.9 106.3 5% 430.6 408.4 5% International Volume 6 2.4 149% 19.6 11.5 71% APSEZ volume 117.9 108.7 8% 450.2 419.9 7% In MMT Q4 FY25 Q4 FY24 YoY FY25 FY24 YoY Total Domestic Volume 111.9 106.3 5% 430.6 408.4 5% East Co
Slide 41: Diversified cargo portfolio
Diversified cargo portfolio 43% 41% 41% 41% 42% 38% 38% 37% 38% 36% 33% 33% 33% 33% 32% 32% 17% 15% 16% 15% 13% 12% 13% 13% 11% 11% 11% 9% 8% 7% 6% 6% 3% 2% 3% 3% 3% 3% 2% 2% 2% 2% 1% 0% 1% FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Dry (Coal) Dry (Othen than coal) Liquid (excl. Crude) Crude Gas Contai
Slide 42: Container cargo drives growth – Q4 & FY25
Container cargo drives growth – Q4 & FY25 Q4 FY25 cargo volume 9.1 0.0 0.4 0.3 0.1 1.8 0.9 0.1 0.1 117.9 108.7 (3.5) (0.2) Container Coastal Coal Minerals Agri Crude (incl. RORO Q4 FY24 Coking Coal EXIM Coal Fertilizers Other Dry Gas) Other Liquid Q4 FY25 FY25 cargo volume 31.0 0.3 0.1 2.1 0.2 2.2 2
Slide 43: Financial highlights
F Financial highlights STRICTLY CONFIDENTIAL
Slide 44: Consolidated financial performance – SEBI format
Consolidated financial performance – SEBI format 38
Slide 45: Business line-wise operating revenue & EBITDA – Q4 FY25
Business line-wise operating revenue & EBITDA – Q4 FY25 (in ₹ Cr) Domestic ports* International ports Marine** 901 361 70% 6,062 15% 72% 774 72% 5,315 4,354 259 12% 61% 3,718 160 97 131 92 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 SEZ & port development Logistics 75% 136 19% 1,030 18% Integrat
Slide 46: Business line-wise operating revenue & EBITDA – FY25
Business line-wise operating revenue & EBITDA – FY25 (in ₹ Cr) Domestic ports* International ports Marine** 22,740 72% 3,380 57% 1,144 20,343 73% 3,152 14% 16,503 53% 14,547 11% 629 604 360 464 339 FY24 FY25 FY24 FY25 FY24 FY25 SEZ & port development Logistics 933 87% 812 26% 2,881 Integrated freigh
Slide 47: Business line-wise ROCE
Business line-wise ROCE APSEZ (Consolidated) Domestic ports* Marine** 21% 15% 19% 13% 14% 12% 15% 12% 13% FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 The following gestating businesses are expected to achieve threshold ROCE in 3-4 years Logistics International ports 6% 6% 6% 6% 5% FY23 FY24 FY25 FY
Slide 48: JV Financial performance – Q4 & FY25
JV Financial performance – Q4 & FY25 (in ₹ Cr) Quarterly performance Q4 FY24 Q4 FY25 Particulars Revenue EBITDA PAT Revenue EBITDA PAT APSEZ Consolidated 6,897 4,044 2,015 8,488 5,006 3,023 JVs AICTPL (CT-3), JV with MSC 491 284 194 536 305 240 ACMTPL (CT-4), JV with CMA-CGM 234 134 68 231 141 80 IA
Slide 49: New reporting lines & FY26 guidance
G New reporting lines & FY26 guidance STRICTLY CONFIDENTIAL
Slide 50: APSEZ new reporting lines
APSEZ new reporting lines Ports Marine services Logistics Logistics change drivers will be Ocean Astro reported separately Sparkle Offshore Additional new lines Domestic International Ports Ports International Trucking Freight TAHID (Hybrid model) Network (Asset-light model) • Previously, internatio
Slide 51: Marine business
G1 Marine business STRICTLY CONFIDENTIAL
Slide 52: APSEZ is targeting marine opportunities in the MEASA waters
APSEZ is targeting marine opportunities in the Middle East Africa & South Asia (MEASA) waters APSEZ’s marine strategy 1. Diversified marine 2. Focused on the 3. Broad customer base 4. Profitable operations, fleet portfolio MEASA region and long-term contracts high capital efficiency APSEZ has focuse
Slide 53: 3x growth in marine revenue by FY27
3x growth in marine revenue by FY27 Fleet size Revenue (₹ Cr) EBITDA (₹ Cr) 150+ 3,300+ 1,700 115 ~3x ~3x 1,144 604 629 1.8x 360 1.7x 72 FY24 FY25 FY27P FY24 FY25 FY27P FY24 FY25 FY27P OSL OSL + Astro + TAHID APSEZ owns a diversified fleet of third-party marine vessels 76 Tugs 17 AHTS 11 Flat-top ba
Slide 54: Trucking and international freight network services
G2 Trucking and international freight network services STRICTLY CONFIDENTIAL
Slide 55: Trucking and international freight network services enhance value proposition
Trucking and international freight network services will enhance APSEZ’s value proposition and lead to significant growth Why is APSEZ focusing on Trucking & International Freight Network services? • Will expand our presence in the value chain and bring cargo to our ports • Will enter the crucial se
Slide 56: FY26 guidance
G3 FY26 guidance STRICTLY CONFIDENTIAL
Slide 57: FY26 guidance
FY26 guidance Revenue ₹36,000-38,000 Cr EBITDA ₹21,000-22,000 Cr Capex ₹11,000-12,000 Cr Net debt to EBITDA Policy up to 2.5x • Port cargo volume: 505-515 MMT • Trucking revenue will grow 3x-4x (FY25 – ₹428 Cr) • Marine revenue will grow 2x (FY25 – ₹1,144 Cr) Guidance excludes NQXT 51
Slide 58: Capex themes
Capex themes • Construction of new terminals in existing ports (APSEZ anticipates bulk of its domestic growth from organic expansion in current ports) • Choice of commodity terminals will be driven by customer requirements and upcoming industrial projects in the region (greater Domestic ports orient
Slide 59: FY26 capex guidance
FY26 capex guidance Total investment - ₹12,000 Cr International Technology capex Domestic ports Marine Logistics ports & decarbonization ₹6,000 Cr ₹2,000 Cr ₹620 Cr ₹2,000 Cr ₹1,380 Cr • Container terminals at • CWIT, Sri Lanka • Fleet expansion • ICDs / Logistic Parks • Skill development Mundra & V
Slide 60: ESG highlights
H ESG highlights STRICTLY CONFIDENTIAL
Slide 61: Key ESG performance highlights
Key ESG performance highlights Indicator FY25 Target FY25 Actual Energy & Emission RE share in total electricity^^ 100% 16% Energy intensity reduction* 50% 51% Emission intensity reduction* 60% 53% Water and Waste Water consumption intensity reduction* 60% 61% Zero waste to landfill** 12 Ports 12 Po
Slide 62: ESG ratings
ESG ratings Climate Change [ A- ] Institutional Investor Water Security [A- ] Corporate sustainability Sustainalytics ESG Risk EcoVadis Shareholders ESG Rating Supplier Engagement Assessment [ 68 ] Rating [ 13.7 ] [ Silver Medal ] [C+] – Prime status [ A- ] • Leadership Band Rating: • Scored 68 (out
Slide 63: Annexure
I Annexure STRICTLY CONFIDENTIAL
Slide 64: Port volume – Q4 & FY25 (1/5)
Port volume – Q4 & FY25 (1/5) 1 Mundra Q4 FY24 Q4 FY25 FY24 FY25 6.4 7.5 MMT MMT 28.8 31.7 MMT MMT + 12% 126.9 45.9 MMT + 11% 50.7 MMT 39.3 41.9 10.2 10.6 111.4 MMT MMT MMT MMT MMT MMT 29.2 32.6 MMT MMT 179.6 MMT 200.7 MMT 2 Dhamra Q4 FY24 Q4 FY25 FY24 FY25 0.9 MMT 0.9 MMT 4.1 4 MMT MMT 42.1 MMT - 4
Slide 65: Port volume – Q4 & FY25 (2/5)
Port volume – Q4 & FY25 (2/5) 3 Hazira Q4 FY24 Q4 FY25 FY24 FY25 1.1 1.2 MMT MMT 4.4 4.6 MMT MMT 11.4 2.8 12 + 4% 6.1 MMT 3 + 7% 6.5 MMT MMT MMT MMT MMT 10.1 MMT 11.3 MMT 2.1 MMT 2.6 MMT 26.4 MMT 27.4 MMT 4 Dahej Q4 FY24 Q4 FY25 FY24 FY25 - 11% - 8% 11.2 10.3 MMT MMT 2.8 MMT 2.5 MMT Container Liquid
Slide 66: Port volume – Q4 & FY25 (3/5)
Port volume – Q4 & FY25 (3/5) 5 Krishnapatnam Q4 FY24 Q4 FY25 FY24 FY25 0.6 0.2 0.5 0.3 1.8 MMT MMT MMT MMT 2.3 2.6 MMT MMT MMT - 7% 15.6 MMT - 17% 13.0 MMT 55.1 MMT 52 MMT 14.8 12.4 MMT 59.2 MMT 55.0 MMT MMT 6 Kattupalli Q4 FY24 Q4 FY25 FY24 FY25 0.1 MMT 0.2 0.7 0.6 0.6 0.1 MMT MMT MMT MMT 0.4 1.1
Slide 67: Port volume – Q4 & FY25 (4/5)
Port volume – Q4 & FY25 (4/5) 7 Gangavaram Q4 FY24 Q4 FY25 FY24 FY25 0.3 0.5 MMT MMT - 28% - 18% 8.0 MMT 37.2 MMT 26.3 MMT 9.8 MMT 7.8 MMT 26.8 MMT 8 Karaikal Q4 FY24 Q4 FY25 FY24 FY25 + 26% + 5% 12.3 MMT 12.9 MMT 2.9 MMT 3.7 MMT Container Liquid (with Crude) Dry cargo Container Liquid (with Crude)
Slide 68: Port volume – Q4 & FY25 (5/5)
Port volume – Q4 & FY25 (5/5) 9 Gopalpur 10 Vizhinjam Q4 FY25 FY25 Q4 FY25 FY25 7.3 MMT 2.6 MMT 1.3 MMT 4.1 MMT Container Liquid (with Crude) Dry cargo Container Liquid (with Crude) Dry cargo 62
Slide 69: Domestic port ROCE
Domestic port ROCE 38% 36% 33% 33% 31% 27% 22% 22% 21% 20% 20% 20% 19% 16% 15% 13% 12% 11% 11% 9% 7% 6% 4% Mundra Hazira Dahej Dhamra Katupalli Krishnapatnam Gangavaram Karaikal FY23 FY24 FY25 63
Slide 70: Financials – Q4 and FY25
Financials – Q4 and FY25 ₹ Cr Revenue EBITDA EBITDA margin Revenue EBITDA EBITDA margin Port Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 FY25 FY24 FY25 FY24 FY25 FY24 Mundra 2,128 1,964 1,432 1,197 67% 61% 8,005 6,807 5,403 4,425 68% 65% Dhamra 535 540 309 345 58% 64% 2,252 2,028 1,375 1,303 61%
Slide 71: APSEZ: Integrated transport utility player with wide footprint
APSEZ: Integrated transport utility player with wide footprint Mundra port Dhamra port Vizhinjam port Capacity: 264 MMT, capacity expansion underway Capacity: 50 MMT, capacity expansion underway Phase 1 capacity: 18 MMT, phase 2 being planned FY25 throughput: 200.7 MMT FY25 throughput: 46.1 MMT Comm
Slide 72: MS-Excel Annexure
MS-Excel Annexure Details Annexed in Linked File 1. Port-wise Cargo Volume Break up Q4 FY25 & FY25 2. Ports and Logistics Vertical Key Financial Performance Q4 FY25 & FY25 Please open the file in PDF reader and double click on the icon to open -
Slide 73: Thank You
Growth adar Goodness adan Ports and Logistics Thank You
Slide 74: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani Ports and Special Economic Zone Limited (“APSEZL”),the future outlook and grow
Adani Ports and Special Economic Zone — Q4 FY25 Earnings Presentation on 6ix