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Shares of Adani Ports and Special Economic Zone (APSEZ) Ltd. are trading lower on Tuesday, August 5, after its June quarter results announcement. It shared its operational update for the quarter on Monday.
The company's net profit compared to the same quarter last year increased by 6.5% to ₹3,314.6 crore, while revenue increased by 21% on a year-on-year basis to ₹9,126 crore.
Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 13% from the year-ago period, but margins narrowed to 60.2% from 64.1% during the June quarter last year.
Kotak Institutional Equities had projected Adani Ports' revenue to grow by 14.3% and EBITDA to increase 8% year-on-year. Margins, according to
the brokerage, were supposed to decline below the 60% mark.
Adani Ports has affirmed its financial year 2026 guidance:
The company also mentioned that Gautam Adani will now cease to be a key managerial personnel of the company. He will now be designated as
non-executive Chairman of the company, from the earlier designation of Executive Chairman.
In its business update for the quarter, Adani Ports said that it had handled 120.6 MMT of total cargo, showing an increase of 11% from the year-ago quarter.
For the month of June, Adani Ports handled total cargo of 41.3 MMT, a growth of 12% from last year, led by the containers business, which grew by 15% year-on-year.
Shares of Adani Ports are trading 0.9% lower on Tuesday after the results announcement at ₹1,377.9.
The company's net profit compared to the same quarter last year increased by 6.5% to ₹3,314.6 crore, while revenue increased by 21% on a year-on-year basis to ₹9,126 crore.
Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 13% from the year-ago period, but margins narrowed to 60.2% from 64.1% during the June quarter last year.
Kotak Institutional Equities had projected Adani Ports' revenue to grow by 14.3% and EBITDA to increase 8% year-on-year. Margins, according to
Adani Ports has affirmed its financial year 2026 guidance:
- It continues to maintain that revenue for the full year will be between ₹36,000 crore and ₹38,000 crore.
- EBITDA guidance for the year has been maintained between ₹21,000 crore to ₹22,000 crore.
- Capex for the full year is seen between ₹11,000 crore to ₹12,000 crore.
The company also mentioned that Gautam Adani will now cease to be a key managerial personnel of the company. He will now be designated as
In its business update for the quarter, Adani Ports said that it had handled 120.6 MMT of total cargo, showing an increase of 11% from the year-ago quarter.
For the month of June, Adani Ports handled total cargo of 41.3 MMT, a growth of 12% from last year, led by the containers business, which grew by 15% year-on-year.
Shares of Adani Ports are trading 0.9% lower on Tuesday after the results announcement at ₹1,377.9.
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