Gautam Adani has exited from the function of Government Chairman at Adani Ports and Particular Financial Zone, with impact from August 5. He would stop to be a key managerial personnel of the corporate, stated the corporate.
The board accepted the “re-designation of Mr Gautam S Adani from Government Chairman to NonExecutive Chairman with impact from August 5, 2025 and consequently he would ceased to be key managerial personnel of the corporate”, the corporate stated on Tuesday.
Adani Ports appointed Manish Kejriwal as an Further Director (Non-Government, Impartial) of the Firm for an preliminary time period of three years from August 5, 2025, topic to approval of the shareholders, which shall be obtained inside three months.
The corporate that introduced its Q1 FY26 outcomes introduced a 7 per cent year-on-year enhance in web revenue for the quarter, reporting a revenue of Rs 3,311 crore. This marks an increase from the Rs 3,107 crore recorded within the corresponding interval of the earlier 12 months.
The corporate’s income surged by 21 per cent year-on-year, reaching Rs 9,126 crore in Q1 FY26, up from Rs 7,560 crore the earlier 12 months. EBITDA grew by 13 per cent to Rs 5,495 crore. This monetary development was supported by sturdy momentum in Adani’s logistics and marine companies.
Ashwani Gupta, the Complete-time Director & CEO of Adani Ports, commented on the income development, stating: “This quarter’s 21 per cent income development is anchored by extraordinary momentum in our logistics and marine companies, which grew 2x and a pair of.9x, respectively.” The corporate’s strategic concentrate on increasing its transport utility strategy has performed a major function in these outcomes.
Regardless of optimistic monetary outcomes, shares of Adani Ports witnessed a decline of two.72 per cent, hitting a day low of Rs 1,352.70.
