Adani Ports and Special Economic Zone (APSEZ) posted impressive financial results for Q4 FY24. Net profit soared by 76.2%, reaching Rs 2,039.66 crore. Revenue rose by 19% to Rs 6,896.5 crore, with a total volume handled of 420 MMT in FY24, up 24%. Ebitda for Q4 surged by 23% to Rs 4,029 crore. For the full fiscal year, APSEZ reported a net profit of Rs 8,070.53 crore, a 70% increase. The company’s strategic acquisitions and operational efficiencies contributed to its success. APSEZ handled a significant portion of India’s cargo and expanded its port portfolio. The board recommended a dividend of Rs 6 per equity share for FY24. Shares of APSEZ traded positively following the announcement.