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Tag: Adani ports

APSEZ profit rises 10% to ₹3,649 crore in April-June

Posted on July 29, 2026 By admin
APSEZ profit rises 10% to ₹3,649 crore in April-June

Adani Ports and Special Economic Zone on Wednesday posted a 10.23% rise in its consolidated net profit to ₹3,649.50 crore in the April-June quarter of the current financial year on account of higher income. It had reported a net profit of ₹3,310.60 crore in the corresponding period of FY26, Adani Ports and Special Economic Zone…

Read More “APSEZ profit rises 10% to ₹3,649 crore in April-June” »

Business

S&P upgrades Adani Ports to BBB; cites strong cash flows, balance sheet strength

Posted on June 25, 2026 By admin
S&P upgrades Adani Ports to BBB; cites strong cash flows, balance sheet strength

S&P said the company’s strong financial position provides significant headroom to support its growth strategy, which includes increasing domestic port capacity to 1 billion tonne by 2030 from 653 million tonne currently. | Photo Credit: Reuters S&P Global Ratings on Thursday (June 25, 2026) upgraded Adani Ports and Special Economic Zone (APSEZ) to investment-grade BBB…

Read More “S&P upgrades Adani Ports to BBB; cites strong cash flows, balance sheet strength” »

Business

Adani Ports bags 10-year marine services contract for Argentina’s first LNG export project

Posted on June 8, 2026 By admin
Adani Ports bags 10-year marine services contract for Argentina’s first LNG export project

The company in a statement said the contract has been awarded to APSEZ’s step-down subsidiary, Adani Harbour International FZCO, through a consortium with Argentina-based Meridian Group, following a global competitive tender process conducted by Southern Energy SA (SESA). | Photo Credit: Reuters Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday (June 8, 2026)…

Read More “Adani Ports bags 10-year marine services contract for Argentina’s first LNG export project” »

Business

Net Profit Rises 21% To Rs 3,054 Crore, Revenue Up 22% YoY

Posted on February 3, 2026 By admin

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” »

Business

Karan Adani Calls Vizhinjam Port ‘Largest Business Investment’ In Kerala

Posted on January 24, 2026 By admin

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” »

Business

Adani Ports Inaugurates Vizhinjam Phase Two In Kerala

Posted on January 24, 2026 By admin

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” »

Business

Adani Ports places ₹450 crore order for eight tugs with Cochin Shipyard

Posted on December 27, 2024 By admin
Adani Ports places ₹450 crore order for eight tugs with Cochin Shipyard

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” »

Business

Adani Group Opts Out Of US Funding For Its Colombo Port Project

Posted on December 10, 2024 By admin
Adani Group Opts Out Of US Funding For Its Colombo Port Project

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” »

Nation

Sensex, Nifty rally for 3rd day propelled by buying in blue-chip stocks, firm global peers

Posted on December 3, 2024 By admin
Sensex, Nifty rally for 3rd day propelled by buying in blue-chip stocks, firm global peers

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…

Read More “Sensex, Nifty rally for 3rd day propelled by buying in blue-chip stocks, firm global peers” »

Business

Special Postage Stamp To Commemorate 25 Years Of Adani Group’s Mundra Port

Posted on October 9, 2024 By admin
Special Postage Stamp To Commemorate 25 Years Of Adani Group’s Mundra Port

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” »

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