Adani Ports Q2 FY27 Results: Revenue Rises 24% To ₹11,340 Crore, Profit Grows, And Full-Year Guidance Gets Raised

Adani Ports and Special Economic Zone Limited (APSEZ) reported consolidated revenue of ₹11,340 crore for the September 2026 quarter. This was a growth of 24% from ₹9,167 crore a year earlier. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 23% to ₹6,807 crore, and profit after tax (PAT) rose 18% to ₹3,682 crore. Growth across domestic ports, international ports, logistics and marine services supported the performance.

Following the first-half performance, APSEZ raised its full-year revenue and EBITDA guidance and increased its capital expenditure target.

The Adani Ports share price closed at ₹1,761.30 on 28 October 2026 on the National Stock Exchange (NSE).

Ports And Logistics Businesses Performance

Domestic ports remained the main earnings contributor, with quarterly revenue rising 13% to ₹7,177 crore and EBITDA increasing 11% to ₹5,201 crore. The segment reported an EBITDA margin of 72.5% and handled 118 million metric tonnes (MMT) of cargo. APSEZ’s all-India cargo and container market shares stood at 27.3% and 44.4%, respectively.

International ports recorded revenue growth of 71% to ₹1,839 crore, while EBITDA climbed to ₹878 crore from ₹261 crore. Volumes increased to 24 MMT from 10 MMT, and the EBITDA margin reached 47.7%. Colombo West International Terminal’s second phase doubled its capacity to 3.2 million twenty-foot equivalent units (TEUs).

APSEZ secured a 30-year concession for Paradip Port's CQ-I and CQ-II dry-bulk berths, with an additional 18 MMT of mechanised capacity, and began export-import operations at Vizhinjam port.

Adani Ports Q2 Results: Other Notable Highlights

Operating cash flow reached ₹13,327 crore in H1 FY27, funding ₹10,521 crore of investments. Free cash flow was ₹2,806 crore. Gross debt stood at ₹57,717 crore and cash balances at ₹12,502 crore. The reported net debt-to-EBITDA ratio was 1.8 times on a pro forma basis, including NQXT Australia’s trailing-twelve-month EBITDA.

APSEZ raised its FY27 revenue guidance to ₹44,000–₹46,000 crore from ₹43,000–₹45,000 crore. EBITDA guidance increased to ₹26,000–₹27,000 crore from ₹25,000–₹26,000 crore. Capital expenditure guidance rose by ₹3,000 crore to ₹15,000–₹17,000 crore.

Also Read - Vedanta Q2 FY27 Results: Profit Rises 151%, Revenue Surges 57%, And Net Debt Drops By ₹4,624 Crore