Adani Ports raises FY26 guidance after NQXT acquisition
Adani Ports revised its FY26 guidance post-acquisition of North Queensland Export Terminal, raising EBITDA target to ₹22,350-23,350 crore and cargo volume to 545-555 million metric tonnes. This strategic move supports its goal of 1 billion metric tonnes by 2030.
pre-market1 source ↓written by the desknot a recommendation
Adani Ports and Special Economic Zone has revised its FY26 guidance following the acquisition of North Queensland Export Terminal. The updated projections include:
• EBITDA target: ₹22,350-23,350 cr, up from ₹21,000-22,000 cr
• Cargo volume: 545-555 million metric tonnes, increased from 505-515 million metric tonnes
This acquisition marks a significant step towards achieving the long-term goal of 1 billion metric tonnes by 2030.
Not investment advice. For informational purposes only.