Adani Ports and Special Economic Zone Limited — Board Meeting, 29-10-2024: Outcome of Board Meeting

Adani Ports and Special Economic Zone Ltd reported its unaudited financial results for the quarter and half-year ended September 30, 2024. Revenue from operations reached ₹7,067.02 crore, with a profit of ₹2,412.54 crore. The consolidated net debt to tangible net worth ratio stands at 0.81, indicating strong financial health. The company remains compliant with its debt covenants and announced the incorporation of a new subsidiary and the acquisition of a significant equity stake in Gopalpur Ports Limited.