Adani Ports and Special Economic Zone Ltd . (APSEZ) reported a strong set of Q2 numbers, with profit and revenue surpassing Street estimates.

The company's net profit rose 27.2% year-on-year to ₹3,109 crore, compared with ₹2,445 crore in the same quarter last year. Revenue grew 29.7% to ₹9,167.5 crore from ₹7,067 crore.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased 27% to ₹5,548 crore from ₹4,369 crore. Operating margin stood at 60.5% as against 61.8% a year ago.

Cargo volumes rose 12% year-on-year to 124 million metric tonnes (MMT) from 111 MMT in the year-ago period.

Adani Ports reaffirmed its FY26 guidance, projecting port cargo volumes in the range of 505-515 MMT, compared to 450 MMT in FY25.

It expects FY26 revenue of ₹36,000-38,000 crore and EB

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