Adani Ports and Special Economic Zone Ltd.

BSE: 532921 | NSE: ADANIPORTS
Large Cap | Port
1403.30
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Adani Ports reports 17% growth in cargo volumes during August

Date: 04-09-2023

Adani Ports and Special Economic Zone (APSEZ) has recorded bumper cargo volumes of 34.2 MMT (+17% Year-on-Year) in August 2023 on the back of solid growth in containers (+27.6%) and liquids & gas (+69%) cargo types. Its flagship port Mundra recorded its highest-ever monthly cargo volume of 15.32 MMT. The port also handled its highest-ever count of 1776 trains, which includes 1532 container trains.

During the initial five months (April-August) of FY24, APSEZ has handled 169.6 MMT of total cargo, implying a strong 12% Year-on-Year growth. Logistics business continues to record significant growth, with a record YTD rail volumes of 231,689 TEUs (+24% Year-on-Year) and GPWIS volumes of 7.37 MMT (+42%).

Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.