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00:00APS-EZ has kicked off FY25 with very strong financial and operating performance.

00:15While on the financial front, we have delivered all-time high earnings operationally, we continue

00:21to add strategic ports and logistics assets to our portfolio.

00:27I thank all customers, team members, and other stakeholders for their unwavering support

00:33during our growth journey.

00:35Some highlights from the past quarter.

00:38Firstly, on the financial front, during the quarter, revenue was up by 21%, driven by

00:46strong demand across our ports and logistics assets.

00:52Our focus on efficient operations and financial discipline led to a 29% increase in EBITDA

00:59and a 47% increase in BAT.

01:03Our net debt to EBITDA stood at 2.1x.

01:08Next, on the operating front.

01:11On ports, our cargo volumes continue to be ahead of the growth in all India cargo volumes.

01:19During the quarter, we handled 109 million metric tons of cargo, which is an increase

01:25of 8% year-on-year and is double the growth of all India cargo volumes.

01:32We remain focused on adding strategic port assets to our portfolio.

01:38We have signed two new port concessions in Tanzania and Kandla and won an O&M contract

01:45in Kolkata.

01:47Our Vijinjam port, which is India's first transshipment port and is equipped with South

01:53Asia's most advanced container handling technology, received its first vessel recently.

02:01On logistics, we continue to execute on our strategy to offer end-to-end transport solutions

02:07for customers.

02:09Our rail assets demonstrated strong growth during the quarter.

02:13Rail volume went up by 19% and general-purpose wagon volume was up by 28%.

02:22Our trucking business, which was launched recently, added three new customer segments

02:27to the portfolio.

02:29Also, our agri-silo capacity, which currently stands at 1.2 million metric tons, will grow

02:37to 4 million metric tons as we complete our current expansion projects.

02:43Recognition by rating agencies.

02:47Our debt ratings continue to see significant improvement.

02:52We are the first Indian private corporate infrastructure developer to receive the Convite

02:58AAA rating.

03:00CARE and ICRA have rated us AAA.

03:05Additionally, S&P upgraded its outlook on APS-EZ to Positive from Stable during the

03:14quarter, which demonstrates our commitment to financial discipline.

03:20Our efforts continue to be recognized across global forums.

03:25I'm very proud to share that four of APS-EZ's ports were recognized in the World Bank's

03:31Container Port Performance Index 2023.

03:35These rankings consider multiple parameters, including productivity, efficiency, and reliability.

03:44Overall, our all-round performance in the first quarter positions us very well for a

03:50strong financial year, and we look forward to continuing the momentum in our business.

03:58We remain committed to building world-class sustainable transportation infrastructure

04:05that accelerates India's multi-decade growth journey and achieve our goal of 1 billion

04:12metric tons cargo volume by 2030.

04:17Thank you.

Adani Ports Q1: Revenue, Net Profit Beat Estimates | NDTV Profit

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