Adani Ports Q3 Results: Cons PAT rises 21% YoY to Rs 3,054 crore, revenue increases 22%

Adani Ports and the Special Economic Zone (APSEZ) on Tuesday reported a 21% year-on-year increase in its consolidated net profit in the December quarter at Rs 3,054 crore compared to Rs 2,518 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the shareholders of the parent company. Operating income from operations stood at Rs 9,704 crore in Q3FY26, up 22% from Rs 7,963 crore in the corresponding period last fiscal.

However, India’s largest port operator witnessed a 2.5% sequential decline in operating profit from Rs 3,120 crore in Q2FY26, while revenue saw a 6% rise compared to Rs 9,167 crore in the July-September quarter of FY26.The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) grew 20% year-on-year to Rs 5,786 crore, while APSEZ raised its FY26 EBITDA guidance by Rs 800 crore.

The Adani Group Company reported a 9% growth in its freight in the third quarter at 123 MMT versus 112 MMT in the same period last year, although the company’s overall Indian market share declined by 60 basis points in the quarter under review from 26.4% versus 27% in the corresponding quarter of the last fiscal.

Adani Ports Q3: Business Highlights

— The company said its asset-light services took its logistics revenue to Rs 1,121 crore in FY26, marking a +62% year-on-year increase. International Freight Network service EBITDA increased 770 basis points year-over-year.

— Continued vessel acquisitions accelerated Q3 maritime sector revenue to Rs 26 to Rs 773 crore (+91% YoY) and EBITDA to Rs 428 Cr (135% YoY). – Quarterly turnover of international ports crosses Rs 1,000 cr mark, up 20% YoY, while EBITDA doubled.

— Q3FY26 container market share across India stands at 45.8%. Domestic port revenues rose 15%, while EBITDA touched an all-time high of Rs 4,877 crore.

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Adani Ports Q3: Management Commentary

Commenting on the third quarter performance, Whole-time Director & CEO Ashwani Gupta called it a strong quarter. “Continued momentum across our four business pillars, combined with the consolidation of NQXT, has enabled us to increase the top end of our FY26 EBITDA guidance by a robust Rs 800 crore. Even post-acquisition of NQXT, our leverage remains unchanged, underscoring the strength of our balance sheet and our disciplined approach to capital allocation,” he said.

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