Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday reported a 29% year-on-year jump in consolidated net profit to ₹3,120 crore for the July–September quarter of FY26, boosted by higher cargo volumes and strong growth in its logistics and marine segments.
Revenue rose 30% to ₹9,167 crore, while EBITDA increased 27% to ₹5,550 crore. For the first half of FY26, revenue stood at ₹18,294 crore, up 25% from a year ago, and profit after tax climbed 17% to ₹6,431 crore.
The company’s domestic ports business achieved a record EBITDA margin of 74.2%, with overall cargo volumes growing 12% year-on-year to 124 million metric tonnes. Market share rose to 28.1%, while container share expanded 150 basis points to 45.9%.
Logistics revenue nearly doubled to ₹2,224 crore in H1 FY26, driven by the ramp-up of trucking and international freight operations, while marine revenue surged 213% to ₹1,182 crore following new vessel acquisitions. International ports delivered a lifetime-high H1 revenue of ₹2,050 crore, reflecting strong performance at Haifa, Colombo, and Dar es Salaam.
Ashwani Gupta, Whole-time Director and CEO, said the results reflect “the success of APSEZ’s Integrated Transport Utility model,” adding that expanding port capacity, marine fleet, and logistics networks is creating a seamless supply chain from “port gate to customer gate.”
Credit ratings agencies turned more optimistic on the company’s outlook. Fitch revised APSEZ’s outlook to “Stable” from “Negative” and reaffirmed its “BBB–” rating, while S&P Global upgraded its outlook to “Positive.”
The company also reported progress in sustainability, ranking among the top 5% of global transportation firms in the S&P Global Corporate Sustainability Assessment and achieving Zero Waste to Landfill certification for 12 ports.
During the quarter, APSEZ announced plans to acquire Australia’s NQXT Port, expand capacity at Dhamra and Karaikal ports, and invest ₹600 crore in a new 70-acre logistics park in Kochi. It aims to handle one billion tonnes of cargo annually by 2030.
Also Read: Adani Power Invokes Arbitration Clause in Bangladesh Dispute
