Adani Ports Q2 FY26 Results: Net Profit Rises 29% to ₹3,120 Crore as Revenue Grows 30%

Adani Ports and Special Economic Zone Limited has delivered robust Q2 FY26 results, showcasing strong operational performance across its integrated transport utility business. The company announced these financial results on November 4, 2025, demonstrating continued momentum in its ports, logistics, and marine segments.

Adani Ports Q2 FY26 Earnings Results

Adani Ports reported consolidated net profit of ₹3,120 crore for Q2 FY26, marking a 29% year-on-year increase from ₹2,413 crore in Q2 FY25. The company's revenue from operations surged 30% to ₹9,167 crore compared to ₹7,067 crore in the corresponding quarter last year.

The earnings before interest, tax, depreciation and amortisation stood at ₹5,550 crore, representing a 27% increase year-on-year. For the half year ended September 30, 2025, EBITDA reached ₹11,046 crore, up 20% annually.

Cargo Volume and Market Share Expansion

The port operator handled 124 million metric tonnes of cargo in Q2 FY26, reflecting 12% year-on-year growth. For the first half year, total cargo volume increased 11% to 244 million metric tonnes. The company's all-India market share improved to 28.1% from 27.4% in Q2 FY25, whilst container market share expanded to 45.9% from 44.4%.

Segment-Wise Performance Highlights

Domestic ports delivered their highest-ever half-yearly EBITDA margin at 74.2%, demonstrating operational excellence. International ports achieved a lifetime high revenue of ₹2,050 crore and EBITDA of ₹466 crore during H1 FY26. The logistics segment reported exceptional growth with H1 FY26 revenue of ₹2,224 crore, up 92% year-on-year, driven by ramp-up in trucking and international freight network services.

Marine operations revenue surged 213% year-on-year to ₹1,182 crore in H1 FY26, supported by the company's expanded fleet of 127 vessels.

Read More: Adani Ports Share Price in Focus After Reporting 6% YoY Growth in Cargo Volume!

Strategic Developments and Expansion Plans

The Board approved the acquisition of NQXT Port in Australia, a natural deep water multi-user export terminal with 50 million metric tonnes per annum capacity, subject to regulatory approvals. The company announced the groundbreaking of a 70-acre, 1.3 million square feet logistics park in Kochi with ₹600 crore investment.

Adani Ports acquired 9 new marine vessels during Q2 FY26 and inaugurated a Strategic Command Centre for Marine operations.

Credit Rating Upgrades and Financial Optimisation

Fitch Ratings revised the company's outlook to Stable from Negative whilst affirming the BBB minus rating. S&P Global revised the ratings outlook to Positive from Negative whilst reaffirming the BBB minus rating. The company completed a bond buyback programme in August 2025, repurchasing $386.03 million, and issued ₹5,000 crore non-convertible debentures for 15 years to LIC.

FY26 Guidance and Future Outlook

Adani Ports maintained its FY26 revenue guidance in the range of ₹36,000 to ₹38,000 crore, whilst EBITDA is targeted at ₹21,000 to ₹22,000 crore. The company pegged capital expenditure guidance for FY26 at approximately ₹11,000 crore to ₹12,000 crore. Port cargo volume is targeted at 505 to 515 million metric tonnes for the fiscal year.

Adani Ports and Special Economic Zone Share Price Performance

On November 4, 2025, Adani Ports and Special Economic Zone share price opened at ₹1,449.60 on NSE, above the previous close of ₹1,444.70. During the day, it surged to ₹1,466.30 and dipped to ₹1,438.50. The stock is trading at ₹1,442.30 as of 1:35 PM. The stock registered a marginal change of -0.17%.

Over the past week, it has declined by 0.86%, over the past month, it has moved up by 2.98%, and over the past 3 months, it has moved up by 3.84%.

Conclusion

Adani Ports delivered strong Q2 FY26 results with net profit rising 29% to ₹3,120 crore and revenue climbing 30% to ₹9,167 crore. The company's integrated transport utility model continues to drive growth across ports, logistics and marine segments, supported by strategic expansion initiatives and improving credit ratings.

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