Adani Ports and Special Economic Zone revenue and financials

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Close · October 7, 2026

In the fiscal year ended March 2026, Adani Ports and Special Economic Zone reported revenue of ₹387.36B (+27.11% year over year). Net income was ₹128.06B, a net margin of 33.1%.

Annual revenue · 2026: ₹387.36B

₹84.39B2017
₹113.23B2018
₹109.25B2019
₹114.39B2020
₹125.5B2021
₹171.19B2022
₹208.52B2023
₹267.11B2024
₹304.75B2025
₹387.36B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +27.11%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: +15.45%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 33.1%; FY to Mar 2025: 36.4%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	108,208	107,376	97,046	91,675	91,261	84,884	79,636	70,670	69,563	68,965	69,201	66,464
Cost of revenue	36,992	41,679	34,436	30,819	30,955	30,159	26,357	22,689	23,358	24,076	23,044	23,452
Gross profit	71,216	65,697	62,610	60,856	60,306	54,726	53,279	47,981	46,205	44,889	46,157	43,012
Selling, general and administrative	—	1,791	—	—	—	1,848	—	—	—	1,121	—	—
Operating income	48,293	44,219	44,017	42,868	42,404	38,212	36,963	32,923	32,326	31,175	32,006	29,060
EBIT	48,293	44,219	44,017	42,868	42,404	38,212	36,963	32,923	32,326	31,175	32,006	29,060
EBITDA	61,025	56,951	54,141	55,460	52,528	48,336	46,053	43,365	41,416	40,265	39,981	38,680
Interest expense	9,947	12,882	8,356	8,379	7,827	5,769	7,587	6,886	6,554	5,984	6,864	7,153
Pre-tax income	43,073	37,000	36,107	36,903	38,476	35,319	30,199	28,852	35,927	23,410	27,413	25,207
Income tax	6,578	3,917	5,678	5,701	5,370	5,088	5,015	4,726	4,854	3,262	5,331	3,039
Net income	36,204	33,290	30,536	31,091	33,146	30,142	25,203	24,450	31,128	20,397	22,084	17,479
Net income to common shareholders	36,204	33,290	30,536	31,091	33,146	30,142	25,203	24,450	31,128	20,397	22,084	17,479
Basic EPS	15.71	14.45	14.04	14.39	15.34	13.95	11.67	11.32	14.41	9.44	10.22	6.42
Diluted EPS	15.71	14.45	14.04	14.39	15.34	13.95	11.67	11.32	14.41	9.44	10.22	6.42
Average shares (basic)	2,305	2,304	2,175	2,161	2,161	2,161	2,160	2,160	2,160	2,161	2,161	2,723
Average shares (diluted)	2,305	2,304	2,175	2,161	2,161	2,161	2,160	2,160	2,160	2,161	2,161	2,723
Dividend per share	—	7.50	—	—	—	7.00	—	—	—	6.00	—	—