On Tuesday, Adani Ports and Special Economic Zone released its financial figures for the final three months of 2022–2023. Its net profits (Profit After Tax) climbed 3% in the quarter ending in March 2023 to Rs 1,141 crore and 9% for the entire fiscal year ending in March 2022-23 to Rs 5,393 crore. Revenue for the Adani company rose by 22% to 20,852 crore for the full 2022–23 fiscal year, up from 5,797 crore in the January–March quarter. In 2022–2023, Adani Ports made record investments of around 27,000 crore, including organic expenditure of about 9,000 crore and six significant acquisitions totaling about 18,000 crore. The overall annual capital budget for 2023–24 is anticipated to be between Rs. 4,500–4,500 crore. It suggested a dividend payout of around Rs 1,080 crore in 2022–2023 at a rate of Rs 5 per share. 

Key Points

• On Tuesday, Adani Ports and Special Economic Zone released its financial figures for the final three months of 2022–2023.

• The overall annual capital budget for 2023–24 is anticipated to be between Rs. 4,500–4,500 crore. It suggested a dividend payout of around Rs 1,080 crore in 2022–2023 at a rate of Rs 5 per share.