Adani Ports And Special Economic Zone Ltd (APSEZ) on Monday released its business update for the month of February wherein it announced that the company has handled 36.5 MMT cargo volume during the period. This was up 3 per cent on a year-on-year basis. The growth was led by container handling which witnessed a 16 per cent YoY increase and the liquid & gas segment which recorded a 12 per cent surge in volumes, Adani Ports said in a regulatory filing.
For the year-to-date (YTD) period that ended in February 2025, Adani Ports handled 408.7 MMT of total cargo, posting a growth of 7 per cent in comparison to the same period last year. The increase in cargo volume was supported by containers with a 20 per cent YoY growth followed by liquids and gas which posted an increase of 9 per cent on-year.
Further, the company’ logistics rail volumes for the YTD period reached 0.58 Mn TEUs, reporting a growth of 8 per cent YoY. Also, the General Purpose Wagon Investment Scheme (GPWIS) was at 19.9 MMT volumes, up 11 per cent YoY.
Earlier in January, Adani Ports had released its fiscal third quarter earnings report with profit at Rs 2,520.26 crore. This was 14.12 per cent higher in comparison to Rs 2,208.41 crore recorded during the same period of previous fiscal year. It had posted revenue from operations at Rs 7,963.55 crore for the quarter in review, up 15.08 per cent YoY.
The company had also upgraded FY25 EBITDA forecast to Rs 18,800-18,900 crore.
Shares of APSEZ was down 0.73 per cent at 9:30 am at a trading price of Rs 1,063.50.
