Adani Ports and Special Economic Zone Limited has informed the Exchange regarding 'Change in Internal Auditor of the Company'.
ADANIPORTS · price
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Adani Ports' board, at its May 1, 2025 meeting, approved audited consolidated financial results for Q4 and FY25 with an unmodified opinion from statutory auditor MSKA & Associates. Consolidated revenue from operations for FY25 rose to Rs 30,475 crore (vs Rs 26,711 crore last year), with profit for the year at Rs 11,061 crore (vs Rs 8,104 crore), and EPS at Rs 51.35 (vs Rs 37.55). The board recommended a dividend of Rs 7 per share (350%) with a record date of June 13, 2025. Mr. Palamadai Sundararajan Jayakumar was reappointed as Independent Director for a second 3-year term from July 23, 2025. Mr. Ashwin Shah was appointed as Secretarial Auditor for 5 years, and Mr. Amrendra Kumar Sinha replaced Mr. Abhiram Budhkar as Internal Auditor due to organizational restructuring/rotation policy. The 26th AGM is scheduled for June 24, 2025.
Strong earnings growth (~37% jump in net profit) and a healthy dividend should be viewed positively by shareholders. The auditor changes appear routine (rotation policy) rather than concerning, and the reappointment of the existing Independent Director signals continuity. Overall, this is a positive results announcement with no governance red flags.