Adani Ports Profit Rises and Forecast Raised
Adani Ports reported a 16.5 percent rise in second-quarter profit driven by strong cargo volumes and container traffic. The company also raised its revenue and earnings forecasts for fiscal 2027.
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ADANI PORTS AND SPECIAL ECON reported a 16.5% rise in second-quarter profit to 36.22 billion rupees on Wednesday morning, driven by strong cargo volumes. Revenue from operations increased 23.7% to 113.4 billion rupees for the quarter ending September 30. The port operator raised its fiscal 2027 revenue forecast to a range of 440 billion rupees to 460 billion rupees.
