Key Financial Figures (Consolidated)
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹11,340.40 crore
- Total Income: ₹11,609.77 crore
- Profit Before Tax: ₹4,465.76 crore
- Profit for the Period: ₹3,682.44 crore
- Profit Attributable to Equity Holders: ₹3,621.94 crore
- EPS (Basic & Diluted): ₹15.72
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹22,161.20 crore
- Total Income: ₹23,283.48 crore
- Profit Before Tax: ₹8,773.07 crore
- Profit for the Period: ₹7,331.94 crore
- Profit Attributable to Equity Holders: ₹7,242.34 crore
- EPS (Basic & Diluted): ₹31.43
Comparative Performance
YoY Quarterly Growth (Consolidated):
- Revenue from Operations: +24% (from ₹9,167.46 crore in Q2 FY26)
- Profit Before Tax: +21% (from ₹3,690.28 crore in Q2 FY26)
- Profit Attributable to Equity Holders: +16% (from ₹3,109.05 crore in Q2 FY26)
Segment Performance (Consolidated)
Quarter Ended September 30, 2026:
- Port and SEZ activities Revenue: ₹9,897.33 crore
- Others Revenue: ₹1,501.44 crore
- Port and SEZ activities Results: ₹5,126.95 crore
- Others Results: ₹106.25 crore
Standalone Financial Highlights
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹2,284.28 crore
- Profit Before Tax: ₹1,254.42 crore
- Profit After Tax: ₹940.97 crore
- EPS: ₹4.08
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹4,528.36 crore
- Profit Before Tax: ₹3,137.98 crore
- Profit After Tax: ₹2,498.46 crore
- EPS: ₹10.84
Capital Structure
- Paid-up Equity Share Capital: ₹460.79 crore (Face value ₹2 each)
- Other Equity (Consolidated): ₹101,779.15 crore
- Total Equity (Consolidated): ₹105,321.65 crore
Key Ratios (Consolidated)
- Debt Equity Ratio: 0.56
- Debt Service Coverage Ratio: 4.31
- Interest Service Coverage Ratio: 6.39
- Current Ratio: 0.78
- Operating Margin: 60%
- Net Profit Margin: 33%
Auditor Review
M S KA & Associates LLP conducted limited review and issued unmodified conclusion. The review relied on:
- Other auditors for 28 subsidiaries representing total assets of ₹94,974.47 crore
- Management-certified results for 162 subsidiaries and 22 joint ventures not reviewed by their auditors
- Conversion adjustments for foreign subsidiaries
Legal Matter Update
The disclosure notes conclusion of US legal proceedings against a non-executive director. On August 10, 2026:
- EDNY entered final judgment in US SEC civil complaint (director permanently restrained without admitting allegations)
- US DOJ indictment dismissed with prejudice (all charges dropped)
- The company was not named in these matters
Exceptional Items
- Q2 FY27: Voluntary retirement plan cost of ₹30.76 crore at foreign subsidiary
- FY26: Labour Code implementation impact (₹145.64 crore) and settlement cost (₹62.06 crore)
Recent Acquisitions
- Abbot Point Port Holdings Pte. Limited (December 23, 2025) for AUD 3,975 million, resulting in goodwill of ₹2,403.27 crore
- Jaypee Fertilizers & Industries Limited (May 21, 2026) for ₹1,500 crore
Security Cover Certification
The company certified asset cover for ₹9,833.40 crore of listed secured NCDs:
- Principal outstanding: ₹9,808.76 crore
- Accrued interest: ₹388.84 crore
- Security cover ratio: 2.21x (standalone), 2.91x (consolidated)
- Assets include project assets of MPT, T2, CT2, Coal Terminal, and Renewable Assets at Khavda
Additional Information
The financial results include the effect of amalgamation of Adani Harbour Services Limited with APSEZL (Appointed Date: July 1, 2025) approved by NCLT on April 1, 2026.