Adani Ports and Special Economic Zone Limited (APSEZ) reported a 21% growth in quarterly revenue to Rs 9,126 crore on Tuesday, led by a two-fold gain in logistics and a 2.9-fold increase in marine. Net profit climbed by 7% to Rs 3,311 crore in the April-June quarter, up from Rs 3,107 crore in the same quarter last year. Cargo volume climbed to 121 million metric tonnes (MMT) from 109 MMT (11 percent rise), with the all-India cargo market share rising to 27.8 percent in Q1 FY26 from 27.2 percent in Q1 FY25. The container market share stood at 45.2% (45.9% in Q1 FY25). “This quarter’s 21% revenue growth is anchored by extraordinary momentum in our Logistics and Marine businesses, which grew two and 2.9 times, respectively,” said Ashwani Gupta, APSEZ’s Whole-time Director and CEO. Logistics increased to Rs 1,169 crore from Rs 571 crore in the previous quarter, while marine rose to Rs 541 crore from Rs 188 crore, with 118 boats. “These are no simply peripheral verticals; they are redefining the outlines of our forward-thinking port environment. With increased Trucking and International Freight Network services, as well as a fast growing and diversified marine fleet in the MEASA region, we are refining our integrated transport utility strategy and expanding our value chain from port gate to customer gate,” Gupta remarked.
“We remain firmly on track to meet our FY26 guidance,” he said, citing cargo growth and market share gains in domestic ports, as well as better revenue and increasing EBITDA in overseas ports.In Q1, the Adani Group’s flagship company commenced operations at the Colombo West International Terminal (CWIT), a highly automated, natural deep-water port. The CWIT is a public-private partnership with a 35-year BOT agreement. Upon completion, CWIT will handle around 3.2 million TEUs per year. “Dhamra Port has erected a new export dock. In addition, building of two more berths has begun, increasing port capacity to 92 million tonnes. A major carbon black factory awarded us a contract to handle liquid shipments. “We inaugurated a warehouse for a large steel manufacturer to house cold rolled coils,” the business stated. Vizhinjam port completed its first year and reached 100% utilization in its ninth month of operation. The corporation began development on Phase 2 at the port. “The board has authorized the acquisition of NQXT Port in Australia. The NQXT is a natural deep-water, multi-user export terminal with a capacity of 50 MTPA. “The transaction is subject to regulatory approval,” Adani Ports explained.
