News Ports

Revenue seen at Rs43,494 million, PAT at Rs15,549 million


Result date: 8th August, 2022
 
Adani Ports and Special Economic Zone (APSEZ) booked consolidated port volumes of 91 MMT (including Gangavaram) in the June 2022 quarter. Strong recovery in coal volumes is a prominent enabler for ports, followed by crude and containers. Volumes are likely to improve across all ports of APSEZ, reflecting in sequential revenue growth of 13.3%.

EBITDA margin is likely to improve amid higher operational efficiencies.

Profit After Tax (PAT) could grow 24.5% on a sequential basis.

Important management insights to watch out for:


  • Recovery in global trade

  • Volume ramp at recently acquired ports








Rs. Million

June 2022 estimates

YoY change

QoQ change

Revenue

43,494

(5.9)%

13.3%

EBITDA

27,121

1.4%

13.5%

Profit After Tax

15,549

5.2%

24.5%

Source: Brokerage reports



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