According to the company statement, Haifa port operated unhindered throughout and reported 25% YoY growth in container volume and 38% YoY growth in other cargo volume during the quarter, leading to overall volume growth of 29% YoY. File
| Photo Credit: The Hindu
Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday (August 5, 2025) posted a 6.54% rise in its consolidated net profit to ₹3,310.60 crore for the June quarter of the current financial year on account of higher income.
It had reported a net profit of ₹3,107.23 crore in the April-June period of FY25, the company said in a regulatory filing.
Total income surged to ₹9,422.18 crore in the quarter under review from ₹8,054.18 crore in the year-ago quarter.
Expenses also rose to ₹5,731.88 crore in the period from ₹4,238.94 crore a year ago.
APSEZ Whole-time Director & CEO Ashwani Gupta said, “This quarter’s 21% revenue growth is anchored by extraordinary momentum in our logistics and marine businesses, which grew 2x and 2.9x respectively.”
“With expanding trucking and international freight network services and a fast-growing, diversified marine fleet in the MEASA (Middle East Africa South Asia) region, we are deepening our integrated transport utility approach and extending our value chain from port gate to customer gate,” Mr. Gupta added.
In a statement, the company said it handled 121 MMT (Million Metric Tonne) cargo volume in Q1 FY26, registering a growth of 11%, driven by containers.
“All-India cargo market share increased to 27.8% (27.2% in Q1 FY25). Container market share stood at 45.2% (45.9% in Q1 FY25),” APSEZ said.
According to the company statement, Haifa port operated unhindered throughout and reported 25% YoY growth in container volume and 38% YoY growth in other cargo volume during the quarter, leading to overall volume growth of 29% YoY.
“This led to the highest quarterly revenue and operating EBITDA for Haifa port since acquisition by APSEZ,” it said.
Krishnapatnam port handled its highest-ever cargo volume (5.85 MMT) in June 2025.
According to the statement, while APSEZ’s domestic ports revenue increased by 14% YoY to ₹6,137 crore, its international ports revenue increased 22% YoY to ₹973 crore.
APSEZ said the company launched a tender offer to buy back up to $450 million of its outstanding USD Bonds.
“As of 29 July 2025, received $384 million of tenders (tender offer will expire on 13 August 2025),” it said.
While in the first quarter of FY26, the cash balance of APSEZ stood at ₹16,921 crore, its gross debt was ₹53,089 crore.
APSEZ also commenced operations at a fully automated container terminal in Colombo port and an Export terminal in Dhamra Port.
The company said its Vizhinjam port completed its first year and achieved 100% utilisation in its ninth month of operation. The Vizhinjam port also commenced construction of Phase 2 at the port.
The company’s marine business recorded a 2.9-fold year-on-year (YoY) growth, rising to ₹541 crore from ₹188 crore, with a fleet of 118 vessels.
Published – August 05, 2025 05:13 pm IST