Adani Ports Q2 FY27 net profit rises 18% to ₹3,682 crore

Adani Ports and Special Economic Zone (APSEZ) reported 18% year-on-year growth in consolidated net profit at Rs 3,682 crore for Q2 FY27. Consolidated revenue from operations grew 24% year-on-year at Rs 11,340.4 crore from its portfolio of domestic ports, international ports, logistics and marine businesses.

FY27 guidance rises as Q2 profit reaches ₹3,682 crore

Adani Ports and Special Economic Zone has increased its guidance for revenue for FY27 by Rs1,000 to Rs44,000-46,000 crore. The company has also put up its capital expenditure guidance by Rs3,000 to Rs15,000-17,000 crore in the light of its first-half numbers and the accelerated investment towards its Ambition 2031 goals.

The company reported Q2 FY27 consolidated net profit of ₹3,682 crore, up 18% year on year. Revenue from operations reached ₹11,340.4 crore in the September quarter, a 24% increase from a year earlier.

For H1 FY27, Adani Ports recorded consolidated net profit of ₹7,332 crore and revenue of ₹22,161.2 crore. The company said it spent ₹10,521 crore on capital expenditure during the first half.

The company said total expenses for the September quarter increased 19% to Rs 7,252.8 m and operating expenses increased to Rs 3,222.3 m from Rs 2,496.4 m in the corresponding quarter of previous year.

Domestic ports generate ₹7,177 crore as international ports, logistics and marine revenue rises

Domestic ports remained the largest contributor to quarterly revenue, generating ₹7,177 crore after a 13% rise, Adani Ports said. Cargo volume stood at 118 million tonnes, with the company attributing the increase to higher cargo volumes and realisations.

International ports revenue reached ₹1,839 crore after rising 71%. Volume increased to 24 million tonnes from 10 million tonnes a year earlier, which the company attributed to the ramp-up of Colombo West International Terminal and Tanzania operations alongside NQXT Australia.

Logistics revenue rose to ₹1,273 crore, with trucking revenue increasing 28%. Revenue from the international freight network more than doubled to ₹289 crore, according to Adani Ports.

Marine revenue reached ₹1,007 crore after rising 57%. The company attributed the increase to fleet expansion and growth in offshore and subsea services.

Adani Ports said its logistics business recovered from the impact of the West Asia crisis in the June quarter. Ashwani Gupta, whole-time director and CEO, said domestic ports continued to anchor earnings and that the company was accelerating investments towards its Ambition 2031 objectives.