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AdaniPorts – Adani Ports and Special Economic Zone Limited reported a robust financial showing for the December quarter of the current fiscal year, reflecting steady expansion across its core operations and improved performance from both domestic and overseas businesses.

The company posted a consolidated net profit of Rs 3,043 crore for the third quarter of FY26, marking a year-on-year increase of 21 per cent. In the same period last year, profit stood at Rs 2,518 crore, according to details shared with stock exchanges. Revenue also recorded a strong rise, climbing 22 per cent to Rs 9,705 crore from Rs 7,964 crore in the corresponding quarter of the previous financial year.

Broad-Based Growth Across Core Operations

The performance was supported by consistent momentum across ports, logistics, marine services, and international operations. The company, which operates India’s largest integrated transport network, benefited from higher cargo volumes, expanding service offerings, and improved asset utilization during the quarter.

Management highlighted that the strength of its diversified business model helped cushion volatility while allowing growth in multiple segments at the same time. The company’s leadership described the quarter as another example of operational resilience amid changing global trade conditions.

Improved Guidance and Strategic Consolidation

Senior management noted that the sustained performance across its four major business pillars, along with the consolidation of its overseas terminal operations, enabled an upward revision of earnings expectations. The company raised the upper end of its EBITDA guidance for FY26 by Rs 800 crore, reflecting confidence in continued demand and operational efficiency.

This guidance revision signals management’s belief that recent investments and integration efforts are beginning to yield measurable financial benefits.

Strong Domestic Market Position

Within India, the company maintained a commanding presence in the container segment, holding an all-India market share of 45.8 per cent during the quarter. Revenue from domestic port operations increased by 15 per cent compared to the same period last year.

Operating profitability also strengthened, with EBITDA reaching a record level of Rs 4,877 crore. Higher capacity utilization, cost discipline, and steady cargo movement across key ports contributed to the improved margins.

Logistics and Marine Services Drive Upside

Logistics emerged as one of the fastest-growing segments for the company. Revenue from logistics activities surged 62 per cent year-on-year to Rs 1,121 crore, largely driven by asset-light service models and expanding freight solutions. These services allowed the company to scale operations without significant capital expenditure.

Marine services also delivered a notable performance, with revenue nearly doubling to Rs 773 crore during the quarter. Ongoing vessel acquisitions and higher deployment of marine assets supported growth in this segment, adding a new layer of earnings stability.

International Network Shows Profit Improvement

The company’s international freight network services reported a marked improvement in profitability during the quarter. Better operating leverage, combined with tighter cost controls and higher utilization rates, contributed to stronger financial outcomes from overseas operations.

This improvement reflects the company’s strategy to diversify revenue streams beyond domestic ports and reduce dependence on any single geography.

Credit Ratings and Sustainability Focus

The quarter also saw positive developments on the credit front. The Japan Credit Rating Agency assigned the company an A- rating with a stable outlook, placing it one notch above India’s sovereign rating. Separately, Moody’s revised its outlook on the company to stable from negative while reaffirming its Baa3 rating.

On sustainability, the company achieved a sector-first milestone by adopting the Taskforce on Nature-related Financial Disclosures framework. This step positions it among a limited group of global infrastructure firms aligning operations with nature-positive development principles.