Adani Ports and Special Economic Zone has handled 420 MMT (+24% Y-o-Y) cargo in FY24 (including international ports), with domestic ports contributing Over 408 MMT cargo. It has also handled its highest ever monthly cargo volumes (incl. international ports) of over 38 MMT in March 2024. Ten of the company`s ports and terminals handled record cargo volumes: Mundra 180 MMT, Tuna 10 MMT, Hazira 26 MMT, Mormugao 5 MMT, Karaikal 12 MMT, Ennore 13 MMT, Kattupalli 12 MMT, Krishnapatnam 59 MMT, Gangavaram 37 MMT and Dhamra 43 MMT.During FY24, more than one-fourth of all India cargo volumes was routed through APSEZ ports. This significant contribution by APSEZ underscores its active role in driving India`s growth trajectory. It also shows that India`s largest port operator comfortably surpassed its cargo volume guidance of 370 MMT - 390 MMT provided at the start of the financial year. Powered by Capital Market - Live News

Adani Ports & Special Economic Zone announced that in month of February 2024, the company handled 35.4 MMT of total cargo, implying a healthy 33% YoY growth. While most ports observed a YoY jump in volumes, Dhamra Port recorded its highest-ever monthly cargo of 4.22 MMT. During the initial 11 months (Apr`23-Feb`24) of FY24, the company has already handled 382 MMT of cargo, implying that it is well on track to surpass the 400 MMT mark before the end of the current financial year. The company achieved the milestone of surpassing the 350 MMT cargo volume mark at its domestic ports in 318 days.Record growth continued in the logistics segment with YTD rail volumes of around 542,000 TEUs (+21% YoY) and GPWIS volumes of around 18 MMT (+40%). Powered by Capital Market - Live News

Adani Ports & Special Economic Zone announced that ICRA has reaffirmed a long term rating of ICRA AA+, while outlook has been changed to Stable from Negative. Powered by Capital Market - Live News

Adani Ports & Special Economic Zone announced that the company handled cargo volumes of 35.1 MMT in the month of January 2024, implying a robust 26% YoY increase. This growth is primarily guided by Dry Bulk (+46% YoY) and Container (+13%) cargo types. The company`s Gangavaram Port recorded its lifetime high monthly cargo volume at 4 MMT.With 346.3 MMT of total cargo handling in the initial 10 months (Apr`23-Jan`24) of FY24, APSEZ has already surpassed the total cargo volumes handled (~339 MMT) in the 12 months of FY23. Logistics volumes continue to witness record growth with YTD rail volumes of around 489,00 TEUs (+20% YoY) and GPWIS volumes of 16 MMT (+42%). In Jan`24, the GPWIS volumes continue to be at a record high of ~1.9 MMT. Powered by Capital Market - Live News

Net profit of Adani Ports & Special Economic Zone rose 67.87% to Rs 2208.41 crore in the quarter ended December 2023 as against Rs 1315.54 crore during the previous quarter ended December 2022. Sales rose 44.59% to Rs 6920.10 crore in the quarter ended December 2023 as against Rs 4786.17 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales6920.104786.17 45 OPM %60.6356.34 - PBDT3726.652447.53 52 PBT2741.331563.90 75 NP2208.411315.54 68 Powered by Capital Market - Live News