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Adani Ports And Special Economic Zone Q3 Profit Up 14%; Raises Annual EBITDA Outlook

Adani Ports and Special Economic Zone Limited (ADANIPORTS) Thursday reported profit after tax of Rs. 2,518 crores for the third quarter, 14 percent higher than Rs. 2,208 crores in the same quarter a year ago.

EBITDA, or earnings before interest, taxes, depreciation, and amortization increased 15 percent to Rs. 4,802 crores from Rs. 4,186 crores last year.

Revenue for the quarter grew 15 percent to Rs. 7,964 crores from Rs. 6,920 crores in the previous year.

Looking ahead, the company has raised its fiscal 2025 EBITDA outlook to Rs. 18,800 crores - Rs. 18,900 crores from Rs. 17,000 cores - Rs. 18,000 crores.

by RTTNews Staff Writer

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