Gautam Adani-led conglomerate’s multi-port operator arm, Adani Ports and Special Economic Zone Ltd (APSEZ), announced a 6.54 per cent jump in quarterly consolidated net profit of Rs 3,310.60 crore for the three-month period that ended in June.
While Adani Ports saw expenses bloat in the first quarter of fiscal 2026 surge to Rs 5,731.88 crore from last year’s Rs 4,238.94 crore, total income under review soared by around 17 per cent to Rs 9,422.18 crore.
The port operator also told regulators that S&P Global Ratings revised the outlook of APSEZ to “Positive” from “Negative” and reaffirmed the ratings at “BBB-“.
Adani Ports CEO Ashwani Gupta attributed the quarterly revenue growth to APSEZ’s Logistics and Marine businesses, “which grew 2x and 2.9x respectively.”
“These are no longer ancillary verticals—they are reshaping the contours of our future-ready ports ecosystem,” added the CEO.
In the same reporting quarter, Adani Ports announced that its first fully automated terminal in Colombo Port was operational. The Colombo West International Terminal (CWIT), it said back in April, would significantly enhance Colombo Port’s capacity and ease congestion, boosting overall efficiency.
In total, Adani Ports handled 121MMT cargo volume in Q1 FY26—up 11 per cent year-on-year. The company said that the volume was driven mainly by containers, up 19 per cent YoY.
The Vizhinjam port in Thiruvananthapuram, which completed its first year in the quarter, achieved 100 per cent utilisation in its ninth month of operation, APSEZ stated. Adani Ports also commenced the construction of Phase 2 at the port.
MORE | How Vizhinjam International Seaport is turning out to be a gamechanger for Adani Ports
The firm, part of the Adani Group, is the largest port developer and operator in India. It has six ports and terminals on the west coast—Mundra, Tuna Tekra and Berth 13 in Kandla; Dahej and Hazira in Gujarat, Mormugao in Goa; and Dighi in Maharashtra.
On the south coast, it has five ports and terminals—Vizhinjam port in Thiruvananthapuram, Kerala; Karaikal port in Puducherry; Kattupalli port and Ennore terminal in Chennai, Tamil Nadu; Krishnapatnam port in Andhra Pradesh. On the east coast, the four ports and terminals are Gangavaram Port in Andhra Pradesh, Gopalpur and Dhamra ports in Odisha, and Haldia in West Bengal.
