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Adani Ports and Special Economic Zone informs about operational performance

04 May 2022 Evaluate

Adani Ports and Special Economic Zone has informed about operational performance of the company as under: April 2022- another record month on cargo volumes: APSEZ ports handled a cargo volume of 28.64 MMT in April ’22 vs. 24.46 MMT in April ‘21, implying a y-o-y growth of 17%, The coal volumes bounced back and registered a 23% y-o-y growth, The agriculture cargo and fertilizer handling at its ports has seen a 350% increase y-o-y. Last month, the Government of India also announced that the country is likely to see a record wheat export this financial year, China’s decision to cap its steel production has provided a boost to India’s steel industry, which is reflected in a 35% y-o-y jump in coking coal volume at its ports and overall, April is the second consecutive month, with cargo volumes crossing a record level of 28 MMT.

The above information is a part of company’s filings submitted to BSE.

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