The company said Executive Chairman Gautam Adani will now be its non-executive chairman

Adani Ports and Special Economic Zone reported a quarterly profit rise on Tuesday, boosted by growing cargo volumes.

India’s biggest private port operator is seen as a proxy for long-term infrastructure prospects in the world’s fastest growing major economy.

Its consolidated net profit rose 6.5% on-year to ₹3,315 crores ($377.6 million) for the April-June quarter.

The company said Executive Chairman Gautam Adani will now be its non-executive chairman. Consequently, the Indian billionaire would cease to be key managerial personnel of the company, it said.

Cargo volumes for the ports operator grew 11% on-year in the quarter, faster than 8% in the preceeding quarter and 7.5% year-ago. That lifted its revenues by 31% to 91.26 billion rupees.

Adani Ports maintained its fiscal year 2026 forecast of cargo volumes at 505 million metric tonnes to 515 million metric tonnes.

Published on August 5, 2025