Adani Ports soars 9% on strong Q3 profit
Adani Ports's stock shot up nearly 9% after the company posted a solid 21% profit jump for Q3 FY26, hitting ₹3,043 crore.
The buzz pushed shares to ₹1,528.60 on the NSE by early afternoon.
Debt kept in check after big Australian acquisition
The company raised its full-year earnings outlook and kept debt in check—even after a big Australian acquisition.
Ratings agencies like JCR and Moody's took notice; Moody's revised its outlook to stable, while JCR assigned an A- rating with a stable outlook.
For young investors or anyone tracking big business moves, it's a sign of steady growth and smart expansion.
Revenue climbed 22% to ₹9,705 crore
Revenue climbed 22% to ₹9,705 crore, with cargo volumes rising 9% to 123 million metric tons.
Logistics and marine businesses saw especially strong gains—up 62% and 91%, respectively.
International port revenue crossed ₹1,000 crore for the first time, showing Adani's global ambitions are paying off.