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Adani Ports and Special Economic Zone Ltd posted a 21 per cent rise in consolidated net profit to INR 3,043 crore for the December quarter of FY26, driven by higher cargo handling revenues. Quarterly revenue grew 22 per cent to INR 9,705 crore, with domestic ports contributing the majority. For the April-December period, net profit rose 18 per cent to INR 9,474 crore. Following the consolidation of NQXT Australia, the company raised its FY26 revenue and EBITDA guidance and maintained its cargo handling and capex outlook.
Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 21 per cent rise in consolidated net profit to INR 3,043 crore for the December quarter of FY26, supported by higher revenues from its core cargo handling operations. The company had recorded a net profit of INR 2,518 crore in the corresponding quarter of the previous financial year, according to an exchange filing. Advertisement
Consolidated revenue for the quarter increased 22 per cent year-on-year to INR 9,705 crore from INR 7,964 crore. Domestic port operations continued to contribute the largest share, generating INR 6,701 crore, compared to INR 5,826 crore a year earlier. Revenue from international ports rose to INR 1,067 crore from INR 885 crore in the same period last year.
For the April-December period of FY26, APSEZ posted an 18 per cent increase in net profit at INR 9,474 crore, up from INR 8,038 crore a year ago. Revenue for the nine-month period grew 24 per cent to INR 27,998 crore from INR 22,590 crore.
The company's management said the performance reflected steady momentum across its key business segments and the impact of consolidating NQXT Australia, which was acquired during the quarter. This led APSEZ to raise the upper end of its EBITDA guidance for FY26 by INR 800 crore.
APSEZ revised its full-year FY26 revenue guidance to INR 38,000 crore, from the earlier range of INR 36,000-38,000 crore, and EBITDA guidance to INR 22,800 crore, from the previous estimate of INR 21,000-22,000 crore. Planned capital expenditure for the current financial year remains in the range of INR 11,000-12,000 crore.
Cargo handling guidance for FY26 has been maintained at 505-515 million metric tonnes. During the December quarter, the company handled 123 million metric tonnes of cargo, marking a 9 per cent increase over 112 million metric tonnes handled in the same quarter last year.
APSEZ also reiterated that it has completed the acquisition of NQXT Australia and remains on track to achieve a cargo handling capacity of 1 billion tonnes by 2030. The company, part of the diversified Adani Group, operates an integrated transport and logistics network covering ports, rail, warehousing, and multimodal logistics infrastructure.
Source PTI
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