Adani Ports reports 18% net profit rise to Rs 3,682 crore in Q2 FY27

Mumbai: Adani Ports and Special Economic Zone's consolidated net profit rose 18% year-on-year (YoY) to ₹3,682 crore in the September quarter, as revenue grew across its domestic ports, overseas ports, logistics and marine businesses.

Revenue from operations increased 24% YoY to ₹11,340.4 crore, the company said on Wednesday. For the first half of FY27, net profit rose 14% from a year ago to ₹7,332 crore, while revenue increased 21% to ₹22,161.2 crore.

The company attributed the quarterly revenue growth to higher cargo volume and realisations at domestic ports, ramp-up of its overseas port operations, recovery in logistics and an expanded marine fleet.


Total expenses in the September quarter rose 19% from a year ago to ₹7,252.8 crore, while operating expenses increased to ₹3,222.3 crore from ₹2,496.4 crore.

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The company raised its FY27 revenue guidance by ₹1,000 crore to ₹44,000-46,000 crore and increased its capital expenditure guidance by ₹3,000 crore to ₹15,000-17,000 crore.

APSEZ said it spent ₹10,521 crore on capital expenditure in the first half of FY27.

Amid the West Asia crisis, domestic ports remained the largest contributor to the company's revenue, with quarterly revenue rising 13% to ₹7,177 crore. Cargo volume stood at 118 million tonnes. The company said growth was supported by higher cargo volumes and realisations.

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Revenue from international ports rose 71% to ₹1,839 crore, with volumes more than doubling to 24 million tonnes from 10 million tonnes a year earlier, driven by the ramp-up of Colombo West International Terminal and Tanzania operations, alongside NQXT Australia.

Logistics revenue in the quarter grew by 21% to ₹1,273 crore, with trucking revenue up 28% and international freight network revenue more than doubling to ₹289 crore.

The company said the business recovered from the impact of the West Asia crisis in the June quarter. Marine revenue rose 57% to ₹1,007 crore, driven by fleet expansion and growth in offshore and subsea services. "Domestic ports continue to anchor our earnings, while international ports, logistics and marine are emerging as powerful growth engines," Ashwani Gupta, whole-time director and CEO, said in the company's results release.

Gupta said the company was upgrading its FY27 guidance following its first-half performance and accelerating investments towards its 'Ambition 2031' objectives.