Adani Ports stories 18% web revenue rise to Rs 3,682 crore in Q2 FY27

Mumbai: Adani Ports and Special Economic Zone‘s consolidated web revenue rose 18% year-on-year (YoY) to ₹3,682 crore within the September quarter, as proceeds grew throughout its home ports, abroad ports, logistics and marine companies.

Revenue from operations elevated 24% YoY to ₹11,340.4 crore, the corporate stated on Wednesday. For the primary half of FY27, web revenue rose 14% from a yr in the past to ₹7,332 crore, whereas proceeds elevated 21% to ₹22,161.2 crore.

The firm attributed the quarterly proceeds development to increased cargo quantity and realisations at home ports, ramp-up of its abroad port operations, restoration in logistics and an expanded marine fleet.

Total bills within the September quarter rose 19% from a yr in the past to ₹7,252.8 crore, whereas working bills elevated to ₹3,222.3 crore from ₹2,496.4 crore.

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The firm raised its FY27 revenue guidance by ₹1,000 crore to ₹44,000-46,000 crore and elevated its capital expenditure steerage by ₹3,000 crore to ₹15,000-17,000 crore.

APSEZ stated it spent ₹10,521 crore on capital expenditure within the first half of FY27.Amid the West Asia disaster, home ports remained the biggest contributor to the corporate’s proceeds, with quarterly proceeds rising 13% to ₹7,177 crore. Cargo quantity stood at 118 million tonnes. The firm stated development was supported by increased cargo volumes and realisations.

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Revenue from cross-border ports rose 71% to ₹1,839 crore, with volumes greater than doubling to 24 million tonnes from 10 million tonnes a yr earlier, pushed by the ramp-up of Colombo West International Terminal and Tanzania operations, alongside NQXT Australia.

Logistics proceeds within the quarter grew by 21% to ₹1,273 crore, with trucking proceeds up 28% and cross-border freight community proceeds greater than doubling to ₹289 crore.

The firm stated the industry recovered from the affect of the West Asia disaster within the June quarter. Marine proceeds rose 57% to ₹1,007 crore, pushed by fleet growth and development in offshore and subsea companies. “Domestic ports proceed to anchor our earnings, whereas cross-border ports, logistics and marine are rising as highly effective development engines,” Ashwani Gupta, whole-time director and CEO, stated within the firm’s outcomes launch.

Gupta stated the corporate was upgrading its FY27 steerage following its first-half efficiency and accelerating investments in the direction of its ‘Ambition 2031’ goals.