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Adani Ports Reports Strong Q2 and Sets FY26 Guidance

Management issued FY26 guidance alongside a Fitch shift to a Stable outlook.

Overview

  • Consolidated net profit rose to about Rs 3,110 crore, revenue increased 30% to Rs 9,167 crore, and EBITDA reached Rs 5,550 crore, up 27% year on year.
  • The company guided for FY26 revenue of Rs 36,000–38,000 crore, EBITDA of Rs 21,000–22,000 crore, and capex of roughly Rs 11,000–12,000 crore.
  • Logistics delivered H1 revenue of Rs 2,224 crore, up 92% year on year, while the marine business recorded Rs 1,182 crore, up 213%.
  • Fitch revised APSEZ’s outlook to Stable and affirmed the BBB- rating, citing diversified funding, geographic reach and operational efficiency.
  • Operations advanced with Colombo West handling over 350,000 TEUs since April, total capacity at 633 MTPA toward a 2030 one billion tonnes target, and Mundra ranking 25th in the World Bank index.