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Adani Ports Q3 Results: Adani Ports and Special Economic Zones (SEZ) announced its October-December quarter results for fiscal 2026-27 on Tuesday, Feb. 3, reporting a rise of 21% in consolidated net profit to Rs 3,054 crore, compared to Rs 2,520 crore in the corresponding period last year. The multinational port operator’s revenue from operations in…
Read More “Net Profit Rises 21% To Rs 3,054 Crore, Revenue Up 22% YoY” »
Adani Ports And Special Economic Zone Ltd.’s managing director Karan Adani called the Vizhinjam Port project the ‘largest investment committed by any business house in Kerala’ in his address to the attendees of the inauguration of the second phase of its development. The expansion will add 4.1 million twenty-foot equivalent units to the existing capacity of…
Read More “Karan Adani Calls Vizhinjam Port ‘Largest Business Investment’ In Kerala” »
Kerala Chief Minister Pinarayi Vijayan on Saturday inaugurated the second phase development of the Vizhinjam seaport by the Adani Group to make it the largest transhipment hub in the Indian sub-continent. Widely hailed as the “Wonder Port of India”, Vizhinjam has emerged as one of the country’s most advanced deep-water ports, setting benchmarks that have redefined India’s maritime…
Read More “Adani Ports Inaugurates Vizhinjam Phase Two In Kerala” »
Ahmedabad, May 02 (ANI): Adani Ports and Special Economic Zone reported that its Profit After Tax or net profits during the just-concluded financial year 2023-24 grew by a whopping 50 per cent to Rs 8,104 crore, on Thursday. | Photo Credit: ANI Adani Ports and Special Economic Zone Limited (APSEZ) said it has placed an…
Read More “Adani Ports places ₹450 crore order for eight tugs with Cochin Shipyard” »
New Delhi: Billionaire Gautam Adani-led conglomerate on Tuesday said it will use its own resources to fund a Sri Lankan port project and not seek US funding. In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project “is on track for commissioning by early next year” and added that the…
Read More “Adani Group Opts Out Of US Funding For Its Colombo Port Project” »
The BSE benchmark Sensex jumped 597.67 points or 0.74% to settle at 80,845.75 | Photo Credit: PTI Benchmark indices Sensex and Nifty rallied for the third straight session on Tuesday (December 3, 2024) amid buying in blue-chip stocks like HDFC Bank, Reliance Industries and firm trends in global markets. The BSE benchmark Sensex jumped 597.67…
Mundra Port has played a pivotal role in India’s maritime infrastructure In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Bhupendrabhai Patel released a commemorative postal stamp to honour the port’s contributions to India’s maritime and economic growth. The event, held on World Post Day, highlights the transformation of Mundra Port from…
Read More “Special Postage Stamp To Commemorate 25 Years Of Adani Group’s Mundra Port” »
Bombay Stock Exchange (BSE). File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday (October 7, 2024) due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the…
The acquisition is expected to close within a month Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations. Astro Offshore, in which Adani Ports will buy an 80% stake, owns a fleet…
Read More “Adani Ports To Ink $185 Million Astro Offshore Deal In Branch-Out Bid” »
‘San Fernando’, a vessel of the world’s second-largest shipping company Maersk, arrived at Vizhinjam Port Thiruvananthapuram: Adani Group’s Vizhinjam Port, India’s first trans-shipment port near Kovalam Beach in Kerala, received its first mothership. ‘San Fernando’, a vessel of the world’s second-largest shipping company Maersk, arrived at the port country with over 2,000 containers on it,…
Read More “Adani Group’s Vizhinjam Port Welcomes 1st Mothership, Puts India In World League” »