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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%.
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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