APSEZ reports strong Q1 with 21% revenue growth

Adani Ports and Special Economic Zone Ltd (APSEZ) reported solid results for the quarter ending June 30, 2025 (Q1 FY26), with total revenue rising 21 percent YoY to Rs 9,126 crore, driven by explosive growth in logistics and marine segments. BITDA rose 13 percent YoY to Rs 5,495 crore, despite a change in business mix, with newer verticals offering higher RoCE but lower margins.

Profit After Tax (PAT) stood at Rs 3,311 crore, up 7 percent YoY. Last year’s PAT included a Rs 141 crore dividend from a JV, now expected in Q2.

Colombo West International Terminal (CWIT) began operations. Once fully operational, it will handle 3.2 million TEUs annually.

Dhamra Port expanded with a new export berth and two under-construction berths to increase capacity to 92 MMT. Vizhinjam Port completed its first year with full utilization in its ninth month and has started Phase 2 construction.

NQXT Port in Australia approved for acquisition, pending regulatory clearance.

APSEZ handled 121 MMT cargo volume, up 11 percent YoY. Container volumes rose 19 percent YoY.

Haifa Port in Israel posted 29 percent YoY growth in volumes, highest revenue and EBITDA since acquisition.

Krishnapatnam Port handled its highest ever monthly cargo in June 2025. Domestic ports contributed Rs 6,137 crore in revenue (up 14 percent), with EBITDA margin of 74.6 percent.

APSEZ maintained strong ESG ratings from CRISIL, ISS, NSE, and SES. 12 ports certified Zero Waste to Landfill. Deployed electric-powered mobile cranes and built India’s first steel slag road within a port.