Karan Adani
Full-time Director
Notable Quotes
We are not moving away from the target, yes we are moving away from the timeline.
We have not been able to deliver what we have promised to our shareholders.
APSEZ delivered its strongest ever quarterly and nine months performance, with record volume, cargo volumes, revenue and EBITDA.
We are confident of overachieving our full year volume, revenue and EBITDA guidance provided at the start of the year.
If this does continue, we do foresee shortages of container, which will happen, and shipping lines missing their schedule, and more disruption on the overall supply chain.
APSEZ delivered its strongest ever half-yearly result with record cargo volumes, revenue and EBITDA.
We are seeing actually an increase in traffic in Haifa because the second-largest port, Ashdod Port, has been closed for commercial operations since the conflict.
Our predominant focus would be expanding our footprint of our existing ports and diversifying the cargo base, because the incremental capacity will be 30%-40% of the cost of a greenfield CapEx.
APSEZ has delivered its strongest ever quarterly operating performance in Quarter 1 of FY 2024, with record quarterly cargo volumes, revenue and EBITDA and PAT.
We are bullish on India, we are bullish on the trade. As you know, that we are multi-commodity, so we, as part of our de-risking, we don't rely only on container or only on coal.
We would still hit our revenue and EBITDA targets even if we are a little bit short of the 500, in case if we do. We will still achieve the guidance of revenue and EBITDA.