Adani Ports & SEZ announced significant leadership changes and quarterly results approval during its Board meeting held on February 3, 2026. The company's Board of Directors approved unaudited financial results for the quarter and nine months ended December 31, 2025, while also announcing a major transition in its executive leadership. Following the results announcement, the company has now made available the earnings call transcript.

CFO Leadership Transition

The company announced that D. Muthukumaran, the current Chief Financial Officer and Key Managerial Personnel, will relinquish his position effective from close of business hours on February 28, 2026. This transition is part of the ongoing leadership development process across the Adani Group, with Muthukumaran moving to a new role within the Adani portfolio of companies.

New CFO Profile and Experience

Sreedhar Krishna Menon will assume the role of Chief Financial Officer and Key Managerial Personnel effective March 1, 2026. Menon brings extensive experience to the position, with more than 30 years of expertise in various disciplines of finance and accounts. He is a qualified Cost Accountant and Management Graduate who has also completed the Advanced Management Program at Harvard Business School.

Throughout his career, Menon has held various leadership positions at prominent organizations including Pennar Group, AFL Private Limited, Bharti Airtel Limited, and AdaniConnex. His professional experience spans combining functional skills with strategic direction in planning and executing business success initiatives.

Q3 FY26 Results and Earnings Call

The Board approved the unaudited financial results for both standalone and consolidated financials for the quarter and nine months ended December 31, 2025. These results were prepared in accordance with Regulation 33 of the SEBI Listing Regulations and include the Limited Review Report and Security Cover Certificate from the Statutory Auditors.

Following the results announcement, the company conducted an earnings call on February 3, 2026, to discuss the quarterly performance. The complete transcript of this earnings call has been made available on the company's website and submitted to stock exchanges as part of regulatory compliance under Regulation 30.

Regulatory Compliance and Disclosures

The company has submitted all necessary regulatory disclosures to BSE Limited, National Stock Exchange of India Limited, India International Exchange, and Singapore Exchange Limited. The earnings call transcript was formally communicated to the exchanges on February 9, 2026, ensuring complete transparency and compliance with listing regulations.

The Board meeting that approved the results commenced at 11:00 a.m. and concluded at 1:00 p.m. on February 3, 2026, with Company Secretary Kamlesh Bhagia overseeing the regulatory filings and disclosures.

Adani Ports & SEZ has announced an upward revision of its financial guidance for FY26, demonstrating strong confidence in its operational performance and growth trajectory. The port operator has increased its earnings outlook while reaffirming its long-term strategic targets through FY29.

Revised FY26 Financial Guidance

The company has updated its key financial forecasts for FY26, presenting enhanced projections for stakeholders:

Enhanced EBITDA Projections

Adani Ports has raised its FY26 EBITDA guidance by ₹800 crores, now targeting ₹22,800 crores for the fiscal year. This upward revision reflects the company's improved operational efficiency and enhanced earnings potential across its port operations and logistics infrastructure.

Long-Term Strategic Targets

The company has reaffirmed its commitment to long-term growth objectives, maintaining its FY29 financial targets:

These ambitious targets underscore Adani Ports' position as a major player in India's port and logistics sector, with expectations of sustained business expansion and operational excellence through the end of the decade.