Adani Ports SEZ handles cargo volume of 27.2 MMT in Dec 2020; Mundra Port logs 44% yoy growth in volume

In December 2020, Mundra port handled the highest ever cargo volume of 15.24 MMT registering a cargo volume growth of 44% yoy.

Jan 04, 2021 12:01 IST India Infoline News Service

Adani Port
Adani Ports SEZ on Monday stated that the company handled cargo volume of 27.2 MMT (includes cargo volume of 3.5 MMT of Krishnapatnam Port) in December 2020.

The company acquired Krishnapatnam Port (KPCL) in October 2020.

"The growth excluding KPCL was 14% on the month on month basis and 28% on year on year basis," the company said.

In December 2020, Mundra port handled the highest ever cargo volume of 15.24 MMT registering a cargo volume growth of 44% on year on year basis, according to the regulatory filing. Adani Ports added that it also achieved the highest container throughput of 586952 TEU’s and continues to be the largest container port in the country.

Between April - December 2020, Mundra port handled cargo volume of 104 MMT, which was equivalent to the cargo volume it handled in 9MFY20 thus recovering the entire cargo volume decline of 30% in Q1FY21 due to covid.

On Sensex, Adani Ports SEZ ended at Rs499.70 per piece down 0.75%.

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