Adani Ports Q2 Preview: Strong volumes to drive revenue, EBITDA
The Adani Group company will release its earnings on Tuesday. “The consolidation of Gangavaram port volumes from 2Q yields a higher 26% YoY growth in volumes,” Kotak Institutional Equities said in its report.Driven by higher realisations and boost from SEZ operations, the brokerage expects consolidated revenue to rise 40% on year.
