#gautamadani #adaniportshare #adanigroup #adanigroupq4
Adani Ports and Special Economic Zone reported a 76% rise in consolidated net profit for the March 2024 quarter. Net profit climbed to ₹2,040 crore in Q4 against ₹1,158 crore in Q4 of FY23. Revenue from operations climbed 19% to ₹6,897 crore in Q4 against ₹5797 crore in Q4 of FY23. The board of Adani Ports recommended a dividend ₹6 (at 300%) per equity share of ₹2 each fully paidup for the financial year 202324, subject to the approval of shareholder at the ensuing AGM. The company sees its cargo haulage rise to 460480 million tonnes in FY25 and capex rise to ₹10,500₹11,500 cr from 7,400 cr in FY24.

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