The development marks a strategic expansion in Adani Ports’ global infrastructure footprint and has prompted the company to revise its FY26 EBITDA and volume targets.
On a proforma basis, APSEZ has updated its FY26 EBITDA guidance to Rs 22,350–23,350 crore, up from Rs 21,000–22,000 crore earlier. Simultaneously, its cargo volume guidance has been raised to 545–555 million metric tonnes from the previous 505–515 million metric tonnes.
The company reiterated its long-term target of reaching 1 billion metric tonnes of cargo throughput by 2030.
APSEZ has acquired 100% ownership of NQXT Australia after obtaining all necessary shareholder and regulatory approvals. As part of the transaction, APSEZ has issued 14.38 crore equity shares of face value Rs 2 each to the seller, Carmichael Rail and Port Singapore Holdings, on a preferential basis.
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In the September quarter, the company’s consolidated net profit rose 29% year-on-year to Rs 3,120 crore, while revenue from operations increased 30% to Rs 9,167 crore from Rs 7,067 crore in the same period a year ago. This growth was attributed to higher cargo volumes, improved logistics and marine services performance, and strong margins at domestic ports.Ashwani Gupta, whole-time director and CEO of APSEZ, termed the NQXT acquisition as a key milestone in the company’s journey towards achieving 1 billion metric tonnes of cargo handling capacity by 2030. He added that NQXT will enhance APSEZ’s presence along the East-West trade corridor and complement its international ports in Israel, Colombo, and Tanzania.
The North Queensland Export Terminal, located at the Port of Abbot Point, is a natural deep-water, multi-user export terminal with a nameplate capacity of 50 million tonnes per annum. It primarily serves mining customers in the Bowen and Galilee basins and caters largely to Asian markets. NQXT accounted for approximately 88% of cargo volumes in FY25.
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