News Topical, Digital Desk : Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported strong results for the December quarter (Q3 FY26). Its profit increased by 21 percent year-on-year (YoY) to Rs 3,043 crore. The company had earned a profit of Rs 2,518 crore in the same quarter (Q3 FY25) of the previous financial year. The company's revenue also saw a sharp increase of 22 percent, reaching Rs 9,705 crore compared to Rs 7,964 crore in Q3 FY25. The company's shares also rose during this period.
Shares jumped 9%
India's trade deal with the US has boosted the market, leading to gains in most stocks today. Adani Ports was among these stocks. At around 2:30 pm, it was trading at 1527.75 rupees, up 124.85 rupees, or 8.90 percent, on the BSE. At this price, the company's market capitalization is 3,52,344.46 crore rupees.
Strong growth in these segments
India's largest integrated transport utility benefited from strong growth across its core businesses, including ports, logistics, maritime services and international operations. As India's largest and the world's fastest-growing integrated transport utility, the company has once again delivered a strong and resilient performance, according to Ashwani Gupta, Whole Time Director and CEO of the company.
EBITDA reaches all-time high
Revenue from domestic ports grew 15 percent, while EBITDA reached an all-time high of ₹4,877 crore. Asset-light services played a key role in driving logistics revenue, which grew 62 percent year-on-year to ₹1,121 crore.
The company's international freight network services also saw a sharp improvement in profitability. Revenue from marine services nearly doubled to ₹773 crore during the quarter, supported by ongoing port purchases.
Read More: Adani Ports reports strong December quarter profit growth of 21%; EBITDA reaches record high
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