Adani Ports Q2 results: net profit rises 18% to Rs 3,682 crore, revenue up 24%
Adani Ports and Special Economic Zone said its consolidated profit after tax for July-September 2026 rose 18% to Rs 3,682 crore on revenue of Rs 11,340 crore, up 24%.
Key points
- Adani Ports reported consolidated profit after tax of Rs 3,682 crore for July-September 2026, up 18% from Rs 3,120 crore a year earlier.
- Consolidated revenue rose 24% to Rs 11,340 crore, with international ports revenue up 71% to Rs 1,839 crore, the company said.
- The company raised its FY27 revenue guidance to between Rs 44,000 crore and Rs 46,000 crore and its capex guidance to between Rs 15,000 crore and Rs 17,000 crore.
Adani Ports and Special Economic Zone (APSEZ) reported consolidated profit after tax of Rs 3,682 crore for the quarter ended 30 September 2026, up 18% from Rs 3,120 crore a year earlier, according to its media release filed with the stock exchanges on 28 October 2026. Consolidated revenue rose 24% to Rs 11,340 crore from Rs 9,167 crore.
What Happened
EBITDA, the company's operating profit before interest, tax, depreciation and amortisation, rose 23% to Rs 6,807 crore from Rs 5,550 crore. For the half-year ended September 2026, revenue rose 21% to Rs 22,161 crore and profit after tax rose 14% to Rs 7,332 crore from Rs 6,431 crore.
By business, domestic ports revenue rose 13% to Rs 7,177 crore, international ports revenue 71% to Rs 1,839 crore, logistics 21% to Rs 1,273 crore and marine services 57% to Rs 1,007 crore. Domestic ports handled 118 MMT of cargo in the quarter, the company said.
The company raised its guidance for FY27, the year ending March 2027. Revenue guidance went to between Rs 44,000 crore and Rs 46,000 crore, from between Rs 43,000 crore and Rs 45,000 crore. EBITDA guidance went to between Rs 26,000 crore and Rs 27,000 crore, from between Rs 25,000 crore and Rs 26,000 crore. Capital spending guidance went to between Rs 15,000 crore and Rs 17,000 crore, from between Rs 12,000 crore and Rs 14,000 crore. It kept its ceiling for net debt at up to 2.5 times EBITDA.
The release puts gross debt at Rs 57,717 crore and the cash balance at Rs 12,502 crore, with net debt at 1.8 times EBITDA. It adds that S&P Global Ratings upgraded the company's long-term issuer credit rating to BBB from BBB- with a stable outlook.
What It Means
For shareholders, the filing shows revenue and EBITDA growth across the company's ports, logistics and marine businesses, and higher planned capital spending for the year. Guidance is the company's own expectation for the full year, not a reported result. The quarterly figures are unaudited; the company filed both standalone and consolidated results, and the figures here are consolidated.
Sources & Citations
- Adani Ports Q2 media release, NSE filing — National Stock Exchange of India