Adani Ports' Operating Profits Expected To Rise By 22% | ET Now | Business News

Adani Ports is expected to report an increase of 303 basis points to 66% for Q4FY22 driven by operational efficiencies. Revenue is estimated to rise by 16% to Rs 4,187 crore. March's monthly volumes picked up on a sequential basis by 21% to 29.2MT breaking the trend of sluggish volumes, between 23-25MT since Jul-21. ADSEZ’s, ex-Gangavaram, Q4 volumes stood flat YoY at 72mt. Cargo volumes grew by 5% QoQ in Q4FY22 driven by dry bulk volumes but container volumes declined by 3% QoQ. Important factors to watch out for would be outlook on container volumes, CAPEX plans and SEZ income.