Adani Ports and Special Economic Zone Ltd (APSEZ), the multi-port operator division of the Gautam Adani-led conglomerate, reported a 6.54% increase in quarterly consolidated net profit for the three-month period ending in June, totaling Rs 3,310.60 crore.

The overall income under review increased by about 17% to Rs 9,422.18 crore in the first quarter of fiscal 2026, despite Adani Ports’ expenses skyrocketing to Rs 5,731.88 crore from Rs 4,238.94 crore the previous year.

Additionally, the port operator informed authorities that S&P Global Ratings had maintained the ratings at “BBB-” and changed the outlook for APSEZ from “Negative” to “Positive.”

Ashwani Gupta, the CEO of Adani Ports, credited APSEZ’s logistics and marine divisions for the quarterly revenue gain, saying they “grew 2x and 2.9x respectively.”

“They are changing the shape of our future-ready ports ecosystem—they are no longer ancillary verticals,” the CEO continued.

Adani Ports declared the opening of its first fully automated terminal at Colombo Port during the same reporting quarter. In April, it was announced that the Colombo West International Terminal (CWIT) will greatly increase the port’s capacity, reduce traffic, and increase overall efficiency.

Adani Ports handled 121MMT of cargo in Q1 FY26, an increase of 11% from the previous year. According to the corporation, containers accounted for the majority of the volume, which increased 19% year over year.

In its ninth month of operation, Thiruvananthapuram’s Vizhinjam port, which concluded its first year in the quarter, reached 100% utilization, according to APSEZ. Additionally, Adani Ports started building Phase 2 at the port.