Q1FY24 Preview: Adani Ports and Special Economic Zone: Revenue seen at Rs. 58,729 million, PAT at Rs. 16,949 million

7 Aug 2023 , 10:43 AM

Result date: 8^th August, 2023

Adani Ports and Special Economic Zone could post 16% growth in revenue as compared to the year-ago quarter. Factors such as strong growth in volumes as well as realizations and boost from Haifa port and logistics business could drive revenue during the quarter.

Increasing share of lower margin businesses of (Haifa port, logistics) and acquisition could impact EBITDA margin during the quarter, as compared to the year-ago quarter.

Company’s Profit After Tax (PAT) could grow 46.3% relative to the year-ago quarter.

Rs. Million	June 2023 estimates	YoY change	QoQ change
Revenue	58,729	16.10%	1.30%
EBITDA	34,946	6.20%	6.80%
Profit After Tax (Rs. mn)	16,949	46.30%	48.15%

Source: Brokerage Reports