In May 2023, the company has recorded lifetime high monthly cargo volumes.
On YTD basis, APSEZ has clocked around 68.5 MMT of overall cargo volumes, registering a growth of 16% YoY. Growth observed across most ports and all three cargo segments, Container (up 24%), Dry Bulk (up 12%), and Liquids & Gas (up 10%).
Logistics volumes also show a significant jump with YTD rail volumes of approximately 93,000 twenty-foot equivalent units (TEUs) (up 25% YoY) and GPWIS volumes of about 3 MMT (up 46%).
Adani Ports & Special Economic Zone (APSEZ) is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to port at Mundra.
APSEZ reported 5.1% rise in consolidated net profit to Rs 1,158.88 crore in Q4 FY23 as against Rs 1,102.61 crore posted in Q4 FY22. Revenue from operations surged 40% year on year to Rs 5,796.85 crore in the quarter ended 31 March 2023.
Shares of Adani Ports & Special Economic Zone gained 0.63% to Rs 736.90 on the BSE.
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