Adani Ports And Special Economic Zone Ltd (APSEZ) on Tuesday released its business trade in May, wherein it introduced that the company handled 41.8 MMT cargo volume for the duration of the period. This, it added, was up 17 % on a year-on-year basis.
The growth led by box dealing, which witnessed a 22 % YoY growth, and the dry cargo segment, which recorded a 17 % surge in volumes, Adani Ports stated in a regulatory submission.
Adani Ports Record 17% increase
On a year-to-date (YTD) basis, APSEZ handled 79.3 MMT of total cargo, reporting a growth of 10 % YoY. This was led by boxes that went up by 21 % YoY.
During the month in review, logistics rail volumes stood at 0.06 Mn TEUs. It goes up 13 % on-years and general purpose wagon investment scheme (GPWIS) volume was at 2.01 MMT. And reporting an increase of 4 % YoY.
4th Financial Income report Release by company
On a YTD basis, logistics rail volumes in May came in at 0.12 Mn TEUs, up 15 % on-years and GPWIS extent at 3.8 MMT. This became up by using 4 % on-year.
Earlier last month, Adani Ports released its financial 4th zone income report with a 48 % rise in net income, accomplishing Rs 3,014 crore. This increase was fueled by elevated profits and revenue. Operational revenue recorded at Rs 8,488 crore in the March area of FY25.
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