Business1 min read

Adani Ports reports 18% net profit rise to Rs 3,682 crore in Q2 FY27

By · Published by Everything Blog

In short

Operating revenue climbed 24% to ₹11,340.4 crore for the quarter, supported by a 13% domestic growth that reached 118 million tonnes in cargo volume. Global operations delivered a major boost, with international port revenues surging 71% behind assets in Tanzania, Australia, and Sri Lanka. Logistics and marine segments also achieved double-digit growth, enabling the company to raise its full-year guidance after deploying ₹10,521 crore in capital expenditure during the first half.

Key points

  • Full-year revenue projections were elevated to a range of ₹44,000 crore to ₹46,000 crore…: Full-year revenue projections were elevated to a range of ₹44,000 crore to ₹46,000 crore following strong first-half results.
  • Capital expenditure targets were increased to ₹15,000–17,000 crore after the company depl…: Capital expenditure targets were increased to ₹15,000–17,000 crore after the company deployed ₹10,521 crore in the first half of FY27.
  • Growth across logistics, marine fleet operations, and foreign terminals successfully cush…: Growth across logistics, marine fleet operations, and foreign terminals successfully cushioned core operations against external geopolitical headwinds.

Sources checked by our analysis pipeline: 1

Revenue from operations increased 24% YoY to ₹11,340.4 crore, the company said on Wednesday. For the first half of FY27, net profit rose 14% from a year ago to ₹7,332 crore, while revenue increased 21% to ₹22,161.2 crore.

The company attributed the quarterly revenue growth to higher cargo volume and realisations at domestic ports, ramp-up of its overseas port operations, recovery in logistics and an expanded marine fleet.

Total expenses in the September quarter rose 19% from a year ago to ₹7,252.8 crore, while operating expenses increased to ₹3,222.3 crore from ₹2,496.4 crore.

Read more: Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves

The company raised its FY27 revenue guidance by ₹1,000 crore to ₹44,000-46,000 crore and increased its capital expenditure guidance by ₹3,000 crore to ₹15,000-17,000 crore.

APSEZ said it spent ₹10,521 crore on capital expenditure in the first half of FY27.

Amid the West Asia crisis, domestic ports remained the largest contributor to the company's revenue, with quarterly revenue rising 13% to ₹7,177 crore. Cargo volume stood at 118 million tonnes. The company said growth…

Business