Adani Ports 27% October cargo growth to 51 million tonnes

Adani Ports handled 51 million metric tonnes of cargo in October 2026, up 27% year-on-year, with dry cargo up 36%, containers up 21%, and domestic cargo up 18%; year-to-date cargo reached 331 MMT, up 16%, while logistics rail volume rose 4% to 62,653 TEUs. In Q2 FY27, the company reported consolidated revenue of ₹11,340 crore (up 24% YoY), EBITDA of ₹6,807 crore (up 23% YoY), and net profit of ₹3,622 crore (up 17% YoY), and raised FY27 revenue guidance by ₹1,000 crore to ₹44,000–46,000 crore, EBITDA guidance by ₹1,000 crore to ₹26,000–27,000 crore, and capex guidance by ₹3,000 crore to ₹25,000–27,000 crore. On the market side, shares closed at ₹1,854 on November 2, down 1.16%, after gaining 8.7% last week on the results; the stock is up 41% in FY27 so far (from ₹1,313 to ₹1,850), with FIIs raising their stake to 15.95% in the September quarter. In strategic developments, APSEZ won a 30-year concession for Paradip Port CQ-I and CQ-II (adding 18 MMT of mechanised dry-bulk capacity), began export-import operations at Vizhinjam port, commissioned Phase II of Colombo West International Terminal (doubling capacity to 3.2 million TEUs), and incorporated Indian Ocean Gateway Terminal in Oman on October 21.