Infrastructure Major Posts ₹3,310.6 Crore Q1 Profit, Up 6.5% YoY
Adani Ports and Special Economic Zone Ltd (APSEZ) revealed a consolidated net profit of ₹3,310.6 crore (₹33.106 billion) in Q1 FY26. This represents a 6.54% year-on-year increase. The company reported another large jump in revenue that was supported by growth in its logistics and marine services segments.
The company reported total income of ₹9,422.2 crore (₹94.223 billion) during the April–June 2025 quarter compared to ₹8,054.2 crore (₹80.542 billion) in the previous year. Operational expenses spiked to ₹5,731.9 crore (₹57.319 billion) compared to ₹4,238.9 crore (₹42.389 billion) in Q1 FY25.
APSEZ managed movement of total cargo of 121 million metric tonnes (MMT) this quarter, representing an 11% increase led by increases in container throughput. The company’s all-India cargo market share rose to 27.8%, up from 27.2% in Q1 FY25, while its container market share remained strong at 45.2%.
Highlighting the performance, Ashwani Gupta, Whole-time Director & CEO of APSEZ, noted, “This quarter’s 21% revenue growth is anchored by extraordinary momentum in our logistics and marine businesses, which grew 2x and 2.9x respectively. With an expanding trucking and international freight network and a growing marine fleet across the MEASA region, we are extending our integrated transport utility model from port gate to customer gate.”
The Haifa port in Israel, which continues to operate without disruption, posted a 29% year-on-year increase in overall cargo volumes, with container volume rising 25% and other cargo up 38%. This resulted in Haifa recording its highest-ever quarterly revenue and operating EBITDA since being acquired by APSEZ.
Krishnapatnam Port achieved a major milestone for itself in June 2025 with a record high monthly cargo volume capacity of 5.85 MMT.
On a segmental level, revenues from domestic ports registered 14% growth at ₹6,137 crore YoY while revenue from international ports rose 22% YoY to ₹973 crore. The marine business also showed a strong 2.9 times increase, generating revenues of ₹541 crore with a fleet of 118 vessels.
Moreover, APSEZ announced a tender offer to purchase an outstanding USD bonds of up to $450 million. On July 29, 2025, the company received tenders for $384 million, and the offer will close on August 13.
At the end of Q1 FY26, the company had a cash balance of ₹16,921 crore, and gross debt of ₹53,089 crore.
During the quarter, operational growth continued as the company launched its fully automated container terminal at Colombo Port, and its export terminal at Dhamra Port. Meanwhile, Vizhinjam Port completed 1 year of operations, reached 100% capacity utilization within 9 months, and started construction of Phase 2 expansion.
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