Adani Ports and Special Economic Zone Ltd. Reports 9.5% YoY Jump in Jul’24 Cargo Volume to 37.3 MMT

Adani Ports and Special Economic Zone Ltd. (APSEZ) has reported a 9.5% year-over-year increase in total cargo volume for July 2024, reaching 37.3 MMT. The growth was primarily driven by a 18% YoY increase in container volume. In the first four months of the financial year, APSEZ handled 146.3 MMT of total cargo, marking an 8.0% YoY increase. The growth was primarily driven by Containers (+18%) and Liquids & Gas (+9%). Dhamra Port achieved its highest ever monthly volume of 4.6 MMT. APSEZ's logistics assets also showed strong growth, with YTD Jul’24 rail volumes growing by 17% YoY to 0.21 Mn TEUs and GPWIS volumes growing by 28% YoY to 7.42 MMT.