APSEZ expects volumes of 460–480 mmt in FY25 with Mundra volumes to surpass 200 mmt. It expects consolidated revenues to be in the range of Rs 29,000–31,000 crore with net debt to Ebitda seen in the 2.2–2.5 times range.
Adani Ports execution capabilities and proven track record of volume ramp-up, providing confidence in cargo growth visibility, said Nuvama Institutional Equities.
Adani Ports and Special Economic Zone declared a dividend of Rs 6 per equity share on Thursday along with their Q4 results. The Adani Group company has declared June 14 as the record date for determining eligible shareholders and the payment will take place on or after June 30.