Adani Ports handles highest ever monthly cargo of 31.88 MMT in June ’22

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Biznextindia : Gautam Adani controlled Adani Ports and Special Economic Zone Limited (APSEZ) handled the highest ever monthly cargo of 31.88 MMT in June ’22, implying a year on year growth of 12%.

This also marks the highest ever cargo handled in a quarter at 90.89 MMT during Q1 FY23, which is 16% q-o-q growth, and 8% y-o-y growth over a strong Q1 FY22 that saw the post COVID volume surge.

Coal volumes continue to show strong recovery (25% y-o-y). Other key segments that lead this monthly surge are crude (17% y-o-y) and container (6% y-o-y).

Key ports that helped drive this monthly volume growth are Mundra (21% yo-y), Hazira (16% y-o-y), Kattupalli & Ennore combined (38% y-o-y), and Dahej (70% y-o-y).

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