New Delhi, Jan 30 (PTI) Adani Ports and Special Economic Zone (APSEZ) on Thursday reported 14 per cent rise in consolidated net profit at Rs 2,518.39 crore for December quarter 2024-25, driven by higher income.

The country's largest integrated logistics player had clocked a profit of Rs 2,208.21 crore in the year-ago period, according to a regulatory filing.

Also Read | iPhones Gain 7% Smartphone Market Share in 2024 in India, Registers 23% Growth in YoY.

Total income increased to Rs 8,186.90 crore from Rs 7,426.95 crore.

Total expenses rose to Rs 5,190.53 crore from Rs 4,588.10 crore a year ago.

Also Read | Andhra Pradesh Government Rolls Out WhatsApp Governance, Citizens Can Receive Important Messages, Alerts From Authorities.

APSEZ Whole-time Director and CEO Ashwani Gupta said the company has upgraded its FY25 EBITDA forecast to Rs 18,800-18,900 crore.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)