Adani Ports Raises Core Earnings Forecast and Appoints New CFO

Adani Ports and Special Economic Zone Ltd ADANIPORTS.NSannounced on February 3, 2026, that it has raised the upper end of its core-earnings forecast for the fiscal year ending March 2026 by 8 billion rupees to 228 billion rupees. Along with the updated EBITDA guidance, the company named Sreedhar Krishna Menon sreedhar krishna menonas its new chief financial officer, effective March 1. The leadership change comes as D. Muthukumaran d muthukumaran, who has served as CFO since 2022, prepares to move to another role within the Adani group, which is led by Gautam Adani gautam adaniin IN IN.

The company reported that its consolidated net profit for the quarter ended December 31 rose nearly 21% to 30.54 billion rupees, while revenue from operations for the same period grew nearly 22% year-on-year to 97.05 billion rupees. This financial performance was underpinned by a 9% year-on-year increase in cargo volume during the quarter. CEO Ashwani Gupta ashwani gupta stated that sustained momentum across the company's four business pillars, combined with the consolidation of the North Queensland Export Terminal (NQXT), enabled the company to raise the upper end of its fiscal 2026 earnings forecast.