Adani Ports & Special Economic Zone's Q2 FY 2025-26 Quarterly Results

Result Summary

• Adani Ports & Special Economic Zone Ltd reported a 6.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 35.7%.
• Its expenses for the quarter were up by 6.5% QoQ and 37.7% YoY.
• The net profit decreased 5.8% QoQ and increased 29.3% YoY.
• The earnings per share (EPS) of Adani Ports & Special Economic Zone Ltd stood at 14.39 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Adani Ports & Special Economic Zone Ltd (APSEZ) is a prominent player in the infrastructure sector in India, primarily focusing on port development and operations. As the largest commercial port operator in India, APSEZ's portfolio includes a network of ports and terminals that facilitate various types of cargo, including containers, bulk, and liquid cargo. The company is part of the Adani Group, a diversified conglomerate with interests in energy, resources, logistics, agribusiness, real estate, financial services, and defense. Recent developments have seen APSEZ expand its capacity and capabilities through strategic acquisitions and infrastructure enhancements to strengthen its position in the global maritime logistics sector. However, specific recent major developments are not available in the provided data.

Revenue

In Q2FY26, Adani Ports & Special Economic Zone Ltd reported a total income of ₹10,004.06 crores. This represents a 6.2% increase from the previous quarter (Q1FY26), where the total income was ₹9,422.18 crores, and a significant 35.7% increase from the same quarter in the previous year (Q2FY25), which stood at ₹7,372.37 crores. The consistent QoQ and YoY growth in total income highlights the company's capacity to enhance its revenue base over the specified periods. The substantial YoY growth indicates a robust improvement in revenue generation compared to the previous year, suggesting increased operational efficiency or expanded business capacity.

Profitability

In terms of profitability, Adani Ports & Special Economic Zone Ltd recorded a Profit Before Tax (PBT) of ₹3,900.47 crores for Q2FY26, marking a 5.7% increase from Q1FY26's PBT of ₹3,690.30 crores. Compared to Q2FY25, where the PBT was ₹2,886.64 crores, this reflects a 35.1% YoY increase. The tax expense for Q2FY26 was ₹570.08 crores, up by 6.2% QoQ from ₹537.00 crores in Q1FY26 and by 20.6% YoY from ₹472.63 crores in Q2FY25. Despite the increase in PBT, the Profit After Tax (PAT) for Q2FY26 was ₹3,120.20 crores, showing a decrease of 5.8% from the previous quarter's ₹3,310.60 crores, although it increased by 29.3% from the prior year's same quarter, where it was ₹2,412.54 crores. The Earnings Per Share (EPS) for Q2FY26 stood at ₹14.39, down by 6.2% QoQ from ₹15.34 but up by 27.1% YoY from ₹11.32.

Operating Metrics

The total expenses for Adani Ports & Special Economic Zone Ltd in Q2FY26 reached ₹6,103.59 crores, reflecting a 6.5% increase from ₹5,731.88 crores in Q1FY26 and a 37.7% rise from ₹4,433.96 crores in Q2FY25. This increase in expenses both QoQ and YoY indicates a scaling up of operations, potentially due to expanded business activities or increased operational costs. The consistent rise in expenses aligns with the growth in revenue, demonstrating the company's ability to manage its scale of operations effectively. Furthermore, the financial metrics indicate a trend of increased business activity and operational scaling, as evidenced by the rising total income and expenses, alongside robust YoY growth in key profitability metrics despite a QoQ decline in PAT and EPS.