Adani Ports achieves record cargo volumes in June and Q1 FY23

4 Jul 2022 , 01:20 PM

Adani Ports & Special Economic Zone handled the highest ever monthly cargo of 31.88 MMT in June 22, implying a 12% y-o-y jump. 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). ey 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).Powered by Capital Market – Live News