Adani Ports & SEZ reported a consolidated net profit of ₹3,650 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 10% increase from ₹3,311 crore in the corresponding period of the previous year. Revenue from operations grew 19% to ₹10,821 crore, outpacing the company’s FY27 guidance of 11-16%. The strong performance was underpinned by a 256% surge in International Ports EBITDA and an upgrade of its long-term issuer credit rating to “BBB” from “BBB-” by S&P Global Ratings with a Stable outlook.

The Board of Directors approved the unaudited financial results on July 29, 2026, pursuant to Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M S K A & Associates, LLP, the statutory auditors, issued a limited review report confirming that the statements disclose information required under the regulations without material misstatement. The results were also reviewed by the Audit Committee.

Financial Performance Highlights

Revenue from operations stood at ₹10,821 crore, compared to ₹9,126 crore in Q1FY26. EBITDA rose 19% to ₹6,541 crore from ₹5,495 crore, maintaining a margin of 60%. Total income increased to ₹11,673.71 crore from ₹9,422.18 crore. Finance costs were ₹995 crore, including interest and bank charges of ₹360 crore. Depreciation and amortization expense was ₹1,711 crore.

Segment-wise Results

International Ports delivered record quarterly revenue and EBITDA, driven by the consolidation of NQXT Australia and ramp-up at Colombo. International Ports revenue increased 80% YoY to ₹1,747 crore, with EBITDA surging 256% to ₹730 crore. Domestic ports revenue grew 12% to ₹6,964 crore, supported by cargo volume growth of 115.3 MMT (up from 112.9 MMT). Domestic ports EBITDA margin remained robust at 74%. Marine operations saw a 67% revenue increase to ₹901 crore, aided by vessel additions bringing the fleet to 135 vessels. Logistics revenue remained flat at ₹1,173 crore, though trucking revenue rose 26% YoY.

Credit Ratings and Balance Sheet

S&P Global Ratings upgraded Adani Ports’ long-term issuer credit rating and senior unsecured notes issue rating to “BBB” from “BBB-”, placing it on par with India’s sovereign rating assigned by S&P. CARE Ratings and ICRA Limited reaffirmed the company’s highest possible domestic rating of “AAA”. Gross debt stood at ₹56,776 crore with a cash balance of ₹12,428 crore, resulting in a net debt-to-EBITDA ratio of 1.9x, well within the FY27 guidance of up to 2.5x. The average debt maturity is 5.1 years as of June 30, 2026.

Strategic Developments

Adani Ports became the first Indian transport company to release a Taskforce on Nature-related Financial Disclosures (TNFD) report. The company also recorded goodwill of ₹2,403.27 crore following the finalization of the purchase price allocation for its acquisition of Abbot Point Port Holdings. Additionally, the company entered into a Share Purchase and Subscription Agreement with Mundi Limited for a 49% interest in Adani Vizhinjam Port Private Limited, subject to approvals. During the quarter, the company completed the acquisition of 100% equity shareholding of Jaypee Fertilizers & Industries Limited for a consideration of ₹1,500 crore.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE742F01042/1f1040e67c634077.pdf

Adani Ports & SEZ has formally denied media reports suggesting that the company is in the process of acquiring a stake in the United Kingdom's Associated British Ports. The company's clarification comes in response to circulating claims that had linked it to a potential overseas port investment.

Company's Official Stance

Adani Ports & SEZ stated that it does not comment on speculation, reaffirming its standard policy of refraining from addressing unverified market reports. The company indicated that it continues to evaluate long-term opportunities as part of its broader strategic outlook, without providing any specific details regarding prospective transactions or geographies.

Key Details of the Clarification

The following table summarizes the key aspects of the company's official response:

Context

The denial underscores the company's approach of maintaining silence on unconfirmed reports while keeping its strategic direction focused on long-term growth. No financial figures, deal values, or timelines were associated with the media claims as addressed by the company in its clarification.