MUMBAI, Feb. 3 -- Adani Ports and Special Economic Zone Ltd (APSEZ), the cash cow of the Ahmedabad-based Adani Group, reported a sharp rise in revenue and profit for the October-December quarter (Q3FY26), prompting management to raise its guidance for FY26.

The company now expects revenue of Rs.38,000 crore in FY26, at the upper end of its earlier Rs.36,000-38,000 crore range. Guidance for earnings before interest, tax, depreciation and amortization (Ebitda) has been raised to Rs.22,800 crore from the previous Rs.21,000-22,000 crore band.

The higher Ebitda outlook reflects stronger-than-expected growth in existing businesses and the consolidation of North Queensland Export Terminal (NQXT) from the January-March quarter. APSEZ completed ...