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Adani Ports reports record Q3 profit, revenue and cargo growth
MUMBAI: It seems Adani Ports and Special Economic Zone Limited (Apsez) is finding plenty of wind in its sails, as the maritime giant navigated through a stellar third quarter to December 2025. The company’s latest financial results show it is clearly the “port” of call for investors, reporting a consolidated net profit (PAT) of Rs 3,043 Crore for Q3 FY26, marking a 21 per cent leap compared to the same period last year.
The “shore-to-door” specialist reported a 22 per cent surge in revenue to Rs 9,705 Crore for the quarter. Ebitda followed suit, climbing 20 per cent to reach Rs 5,786 Crore. This performance has emboldened the board to hike its full-year Ebitda guidance by a massive Rs 800 Crore, now targeting a total of Rs 22,800 Crore for FY26.
The nine-month (9M FY26) figures tell an even more buoyant story:
. Total Revenue: Rs 27,998 Crore (24 per cent YoY).
. Total Ebitda: Rs 16,832 Crore (20 per cent YoY).
. Total PAT: Rs 9,474 Crore (18 per cent YoY).
. Cargo Volumes: Handled 367 Million Metric Tonnes (MMT), an 11 per cent increase.
While the ports remain the bedrock, the company’s auxiliary engines are firing on all cylinders. The Logistics arm saw revenue skyrocket by 62 per cent to Rs 1,121 Crore in Q3, driven by a pivot toward asset-light services like trucking and international freight. Meanwhile, the Marine segment, bolstered by recent vessel acquisitions in Middle Eastern and African waters, saw revenue accelerate by 91 per cent to Rs 773 Crore, with Ebitda more than doubling to Rs 428 Crore.
Apsez isn’t just sticking to Indian shores. Its International Ports reached a milestone, with quarterly revenue crossing the Rs 1,000 Crore mark for the first time. The recent acquisition of the North Queensland Export Terminal (NQXT) in Australia is expected to further accelerate this trajectory.
At home, the flagship Mundra Port continues to break barriers, becoming the first Indian port to handle a fully laden Very Large Crude Carrier (VLCC) directly at its jetty. This feat, along with the Vizhinjam greenfield port crossing 1.3 million TEUs in its inaugural year, has cemented the company’s 45.8 per cent share of the all-India container market.
Despite the aggressive expansion, including the Rs 16,000 Crore Phase 2 construction at Vizhinjam, the company’s financial hull remains watertight. Net debt to Ebitda stands at a comfortable 1.9x. The company’s creditworthiness received a “thumbs up” from the Japan Credit Rating Agency (JCR), which assigned an ‘A-‘ rating, a notch higher than India’s sovereign rating.
In a move to keep its environmental record ship-shape, Apsez has become India’s first integrated transport utility to adopt the Taskforce on Nature-related Financial Disclosures (TNFD). With 12 ports already certified as “Zero Waste to Landfill” and a commitment to Net Zero by 2040, the company is proving that big business can indeed go green.
As CEO Ashwani Gupta noted, the company is well on its way to doubling its revenue to Rs 65,500 Crore by FY29. With the wind currently behind them, Apsez looks set to reach its 1 billion tonne cargo target by 2030 without breaking a sweat.
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ITC Sunfeast Farmlite launches Sugar Free Cookies range
New variants offer guilt-free indulgence for health-conscious snackers.
MUMBAI: ITC Sunfeast Farmlite is sweetening the deal for biscuit lovers who want to have their cookie and eat it too without the sugar. The better-for-you biscuits range from ITC Foods has expanded its portfolio with the launch of an all-new Sugar Free Cookies line, aligning with the company’s vision of ‘Help India Eat Better’. The range is designed for consumers who are rethinking sugar in their daily snacking but refuse to compromise on taste and indulgence.
The collection debuts with two tempting variants: Choco Nut Cookies and Hazelnut & Oats Cookies. Both are a source of protein and contain no trans-fat, while the Hazelnut & Oats variant is also lactose-free.
ITC Ltd. vice president (marketing), biscuits, foods division, Suraj Kathuria said, “At Sunfeast Farmlite, we believe mindful snacking should never come at the cost of indulgence. With this launch, we are catering to the growing need for guilt-free snacking while delivering a rich, satisfying cookie experience.”
ITC Ltd. vice president & head of food sciences for foods division Dr Shantanu Das added, “We have applied robust food science to develop cookies that are sugar-free while preserving the taste and texture consumers love.”
Each cookie comes in convenient single-serve packs to maintain texture and freshness. Both variants are available in 100g packs priced at ₹100 and can be found on quick-commerce platforms including Blinkit, Swiggy Instamart, and Zepto.
In a market increasingly leaning towards healthier choices, ITC Sunfeast Farmlite’s new Sugar Free Cookies prove that cutting sugar doesn’t mean cutting joy. For the health-conscious yet indulgent snacker, this could be the perfect bite-sized solution.
