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Adani Ports handles cargo volume of 234.31 MMT rising by 35% yoy in 9MFY22, flagship port Mundra logs 8% yoy growth

The company's portfolio of ports handled a cargo volume of 234.31 MMT a growth of 35% on a yo-y basis, which surpassed the cargo volume handled by APSEZ in FY20.

January 04, 2022 11:21 IST | India Infoline News Service
Adani Ports and Special Economic Zone
Adani Ports has announced the operational performance of the company during the nine months ending December 31, 2021.

The company's portfolio of ports handled a cargo volume of 234.31 MMT a growth of 35% on a yo-y basis, which surpassed the cargo volume handled by APSEZ in FY20.

In the latest period, the company's Non-Mundra ports grew by 74% and contributed 52% of the total cargo basket.

Meanwhile, Mundra the flagship port of APSEZ grew by 8% and handled a cargo volume of 113 MMT. Also, container volume across the ports crossed 6 Mn TEUs of which 4.9 Mn TEUs were handled at Mundra Port.

Parity between east coast and west coast ports during the period was 38%:62% compared to 24%:76%.

Dry cargo volume registered a growth of 49% and surpassed 116 MMT.

At around 11.20 am, Adani Ports was trading at Rs739.10 per piece up by 0.4% on Sensex. 

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