Adani Ports and Special Economic Zone Limited (APSEZ) has set a new milestone, handling its highest-ever monthly cargo volume of 39.9 million metric tonnes (MMT) in January 2025. This marks a 13% year-on-year (YoY) increase, primarily driven by container cargo and liquid & gas shipments. The share price of Adani Port was trading higher by 1.19% as of 11:05 AM.
The robust cargo performance in January 2025 was supported by significant growth in specific cargo categories:
For the period spanning from April 2024 to January 2025, APSEZ reported a total cargo volume of 372.2 MMT, reflecting a 7% YoY growth. The primary contributors to this increase were:
In addition to port operations, APSEZ’s logistics and rail division demonstrated steady growth:
APSEZ’s financial performance for the December quarter
For the first 9 months of the financial year, the company’s cumulative profit exceeded ₹8,000 crore, while total cargo volumes stood at 332 MMT.
Despite the strong performance, APSEZ has maintained its full-year cargo volume guidance between 460 MMT to 480 MMT, while revenue expectations remain between ₹29,000 crore to ₹31,000 crore.
To meet these targets, the company would need to handle between 128 MMT and 148 MMT of cargo in the Q4.
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Published on: Feb 4, 2025, 2:45 PM IST
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