ADANIPORTS Adani Ports Q3 FY26 results (Oct–Dec 2025) and concall
APSEZ delivered another exceptional quarter with all four business pillars showing high double-digit growth. The company revised FY26 EBITDA guidance upward by INR 800 crores to INR 22,800 crores. Domestic ports achieved the highest-ever 9-month container market share of 45.6%, while international ports became a INR 4,000-5,000 crore annualized business. Marine EBITDA margin is at 55% with 14% ROCE. The company announced a massive INR 16,000 crore Vizhinjam Phase II expansion to take capacity to 5.7 million TEUs. NQXT consolidation begins Q4 FY26 with 65% EBITDA margin.
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What they filed
Q3 FY26: revenue down 14.7%, net profit up 3.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 1,803 | 2,182 | 2,131 | 1,839 | 2,058 +14% | 1,862 −15% |
| EBITDA | 1,267 | 1,644 | 1,412 | 1,190 | 1,516 +20% | 1,313 −20% |
| Net profit | 572 | 409 | 798 | 597 | 449 −22% | 425 +4% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





