Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 21% rise in quarterly revenue to Rs 9,126 crore, driven largely by strong performances in its logistics and marine segments.
Net profit for the April–June quarter stood at Rs 3,311 crore, marking a 7% increase from Rs 3,107 crore in the same period last year.
Cargo volumes grew by 11% to 121 million metric tonnes (MMT), up from 109 MMT. APSEZ’s all-India cargo market share edged up to 27.8% in Q1 FY26, compared to 27.2% in Q1 FY25.
However, its container market share slightly dipped to 45.2% from 45.9%.
Ashwani Gupta, Whole-time Director and CEO of APSEZ, stated, “This quarter’s 21 per cent revenue growth is anchored by extraordinary momentum in our Logistics and Marine businesses, which grew 2 times and 2.9 times, respectively.”
Revenue from logistics surged to Rs 1,169 crore from Rs 571 crore, while marine revenues rose to Rs 541 crore from Rs 188 crore, supported by operations involving 118 vessels.
Gupta highlighted that these business segments are no longer peripheral.
“These are no longer ancillary verticals — they are reshaping the contours of our future-ready ports ecosystem. With expanding Trucking and International Freight Network services and a fast-growing, diversified marine fleet in the MEASA region, we are deepening our integrated transport utility approach and extending our value chain from port gate to customer gate,” he asserted.
Gupta also noted that strong domestic cargo growth, international port performance, and EBITDA improvements keep the company on track to meet its FY26 targets.
Key Operational Highlights and New Projects
During the quarter, the company began operations at the Colombo West International Terminal (CWIT), a deep-water, fully automated port developed under a 35-year BOT agreement. Once completed, CWIT will handle around 3.2 million TEUs annually.
The company highlighted, “Dhamra port opened a new export berth. Also commenced construction of two new berths that will increase port capacity to 92 MMT. Won a liquid cargo handling contract from a large carbon black manufacturer. Inaugurated a warehouse for a large steel manufacturer to house cold rolled coils.”
Vizhinjam port, which completed its first year, reached 100% utilisation in its ninth month, prompting the start of construction for Phase 2.
“The Board has approved the acquisition of NQXT Port, Australia. NQXT is a natural deep-water, multi-user export terminal with a nameplate capacity of 50 MTPA. The transaction is subject to regulatory approvals,” remarked Adani Ports.
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