Adaniports Ltd — Q3 FY24
Adani Ports delivered its strongest ever quarterly performance in Q3 FY24, with revenue surging 45% YoY to INR 6,920 crore and EBITDA growing 39% YoY to INR 4,186 crore.
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
FY24 revenue and EBITDA guidance on higher end
With record cargo of 240 MMT in first seven months, APSEZ is well positioned to achieve full-year revenue and EBITDA guidance on the higher end.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1Net debt/EBITDA target of 2.5x by March 2024
Management targets leverage of around 2.5x and cash balance of INR 8,000 crore by year-end.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1