Press Release1 Apr 2024, 02:42 pm
Adani Ports and Special Economic Zone Ltd. Handles Record-Breaking 420 MMT Cargo Globally, Domestic Ports Contribute Over 408 MMT
AI Summary
Adani Ports and Special Economic Zone Ltd. (APSEZ), India's largest ports and logistics company, handled a total of 420 MMT cargo in the financial year 2024, an increase of 24% from the previous year. Domestic ports contributed over 408 MMT. APSEZ recorded its highest-ever monthly cargo volumes of over 38 MMT in March 2024. Ten ports handled record cargo volumes, including Mundra Port with over 180 MMT, Kattupalli with 12 MMT, and Gangavaram with 37 MMT. APSEZ surpassed its cargo volume guidance, maintaining its position as a top port operator in the industry.
Key Highlights
- APSEZ handled 420 MMT cargo in FY24, a 24% Y-o-Y increase.
- Domestic ports contributed over 408 MMT cargo.
- APSEZ recorded its highest-ever monthly cargo volumes of over 38 MMT in March 2024.
- Ten ports and terminals handled record cargo volumes.
- APSEZ surpassed its cargo volume guidance of 370 MMT - 390 MMT