MoneyWorks4Me

Adani Ports and Special Economic Zone informs about operational performance update

02 Sep 2024 Evaluate
Adani Ports and Special Economic Zone has informed about following operational performance of the company (‘APSEZ’) as under: 1. APSEZ handles 36.1 MMT of cargo in Aug’24 (+5% YoY), operations at Mundra and Tuna impacted for 4 days equivalent due to inclement weather. 2. During Aug’24, APSEZ recorded 36.1 MMT of total cargo. This represents 5% YoY growth, despite operations at Mundra port and Tuna terminal being impacted for 4 days equivalent due to inclement weather in the Kutch region. The growth in cargo was primarily driven by containers (+11% YoY). 3. Kattupalli Port handled its highest ever monthly volume of 1.4 MMT in Aug’24. 4. During the first five months of the financial year, APSEZ clocked 182.4 MMT of total cargo (+7% YoY). The growth in cargo was primarily driven by Containers (+17%) and Liquids & Gas (+7%). 5. Sweating of logistics assets continued with YTD Aug’24 rail volumes growing by 13% YoY to 0.26 Mn TEUs and GPWIS volumes growing by 23% YoY to 9.08 MMT.

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

Peers