Adani Ports reports 21pc revenue surge to ₹9,126 Cr in Q1; logistics revenue doubles, marine grows nearly 3x

THEBUSINESSBYTES BUREAU

AHMEDABAD, AUGUST 5, 2025

Adani Ports and Special Economic Zone Ltd (APSEZ), the flagship transportation arm of the Adani Group, reported a strong 21% year-on-year growth in consolidated revenue for the first quarter of FY26, reaching ₹9,126 crore. The robust performance was driven by a twofold surge in logistics and a 2.9-times jump in marine business revenues.

The company’s net profit rose 7% to ₹3,311 crore in the April–June quarter, compared to ₹3,107 crore in the same period last year. Cargo volumes also registered a healthy 11% increase, growing from 109 MMT to 121 MMT. APSEZ’s all-India cargo market share improved to 27.8%, up from 27.2% in Q1 FY25. However, container market share marginally declined to 45.2% from 45.9% in the corresponding quarter.

“This quarter’s 21 per cent revenue growth is anchored by extraordinary momentum in our Logistics and Marine businesses, which grew 2 times and 2.9 times, respectively,” said Ashwani Gupta, Whole-time Director and CEO, APSEZ.

The logistics business reported a substantial increase in revenue to ₹1,169 crore from ₹571 crore, while the marine segment rose sharply to ₹541 crore from ₹188 crore, supported by a fleet of 118 vessels.

“These are no longer ancillary verticals — they are reshaping the contours of our future-ready ports ecosystem,” Gupta added. “With expanding Trucking and International Freight Network services and a fast-growing, diversified marine fleet in the MEASA region, we are deepening our integrated transport utility approach and extending our value chain from port gate to customer gate.”

APSEZ also achieved notable milestones across its domestic and international port operations. It began operations at the Colombo West International Terminal (CWIT), a fully automated deep-water port developed under a 35-year BOT agreement, which will handle approximately 3.2 million TEUs annually upon completion.

In India, Dhamra Port inaugurated a new export berth and began construction on two additional berths, increasing the port’s capacity to 92 MMT. The port also secured a liquid cargo handling contract from a leading carbon black manufacturer and launched a dedicated warehouse for a major steel producer to store cold rolled coils.

Vizhinjam Port, completing its first year of operation, reached 100% utilisation in its ninth month and has now entered Phase 2 construction.

Further strengthening its international footprint, the APSEZ Board has approved the acquisition of North Queensland Export Terminal (NQXT) in Australia, a natural deep-water, multi-user export terminal with a nameplate capacity of 50 million tonnes per annum (MTPA). The deal is subject to regulatory approvals.

“With strong cargo volume growth, improved market share, and enhanced performance across both domestic and international ports, we remain firmly on track to meet our FY26 guidance,” Gupta affirmed.