Total income increased to Rs 7,426.95 crore in the quarter from Rs 5,051.17 crore in the year-ago period.
Total expenses rose to Rs 4,588.10 crore from Rs 3,507.18 crore a year ago
APSEZ CEO
The company is on course to overachieve its full-year guidance provided at the start of the year, he added.
APSEZ in a statement said domestic cargo growth was over 2.5x India's growth rate, with nine of its domestic ports/terminals recording their highest ever cargo volumes in 9 months.
Bond buy-back of USD 325 million concluded during 9 months (April-December) of FY24, which led to improvement in net debt to EBITDA to 2.5x vs 3.1x for FY23, it added.
The company said it completed acquisition of Karaikal Port and sale of Myanmar asset, while Colombo terminal received financing commitment of USD 553 million from DFC.
APSEZ has 7 ports and terminals on the west coast (Mundra, Tuna, Dahej, and Hazira in Gujarat, Mormugao in Goa, Dighi in Maharashtra and Vizhinjam in Kerala) and 7 ports and terminals on the East coast of India (Haldia in West Bengal, Dhamra in Odisha, Gangavaram and Krishnapatnam in