Adani Ports and Special Economic Zone Limited (APSEZ) reported a strong performance for the second quarter of the financial year 2024-25 (Q2 FY25), with a 40% year-on-year (YoY) increase in net profit to ₹2,445 crore. This impressive growth can be attributed to several key factors:
Increased Cargo Volume:
APSEZ handled a total cargo volume of 111 million metric tonnes (MMT) during the quarter, representing a 10% YoY increase.
This growth was driven by increased volumes across various cargo segments, including containers, bulk commodities, and liquid cargo.
Operational Efficiency:
The company continued to focus on improving operational efficiency through various initiatives such as digitalization, automation, and process optimization.
This led to higher productivity and reduced costs, contributing to the strong bottom-line performance.