Adani Ports Q1 profit rises 6.5% on logistics, marine business gains

India’s largest port operator Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 6.5 per cent year-on-year (Y-o-Y) rise in first-quarter net profit to ₹3,315 crore, driven by strong performance in logistics and marine businesses as well as higher cargo throughput. 

Revenue gains were supported by an 11 per cent increase in cargo volumes during the quarter ended June, the company said in an exchange filing. 

The company handled cargo volumes of 121 million tonnes (mt) compared to 109 mt in Q1FY25. The growth was driven by a 19 per cent Y-o-Y increase in container cargo. The other factors behind the cargo growth include commencement of operations at the Colombo West International Terminal and the new export berth at Dhamra port. 

 

APSEZ’s revenue (from operations) for Q1FY26 stood at ₹9,126.14 crore, up 31.19 per cent. Revenue from the logistics business doubled to ₹1,169 crore from ₹571 crore in Q1FY25. The company’s revenue from its marine business grew 2.9 times to ₹541 crore from ₹188 crore in Q1 FY25.  ALSO READ: Adani Ports Q1 results: Profit rises 6.5% to ₹3,314 crore; revenue up 31% 

Ashwani Gupta, whole-time director and chief executive officer (CEO), APSEZ, said, “These (logistics and marine) 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 fast-growing, diversified marine fleet in the Middle East, Africa, and South Asia regions, we are deepening our integrated transport utility approach and extending our value chain from port gate to customer gate.” 

APSEZ’s revenue beat the Bloomberg analysts’ poll estimate of ₹8,455.31 crore, while it also topped the estimated profit of ₹2,929.9 crore. 

APSEZ’s earnings before interest, taxes, depreciation, and amortisation (Ebitda) in Q1FY26 stood at ₹5,495 crore, up 13 per cent Y-o-Y. There was greater contribution from trucking, international freight network and marine, which have lower Ebitda margin but higher return on capital employed, the company noted. 

Additionally, at its board meeting held on Tuesday, the company approved the re-designation of Gautam Adani from executive chairman of APSEZ to non-executive chairman with effect from August 5, 2025, to maintain high governance norms.