The corporate said that the achieved quantity was in alignment with their yearly quantity goal.
Yr-to-date (YTD) for October 2024, the corporate managed 257.7 MMT of cargo, reflecting an 8% year-on-year enhance, pushed by a 19% rise in container volumes and a 9% development in liquids and fuel.
Moreover, YTD logistics rail volumes grew by 11% to 0.36 million TEUs, whereas GPWIS volumes noticed an 18% rise to 12.5 MMT.
In its Q2 outcomes, Adani Ports reported that it had clocked 220 MMT of cargo quantity within the second quarter of FY25, which was up by 9% YoY in H1 FY25. The expansion was primarily pushed by containers.
Mundra Port achieved a major milestone by crossing the 100 MMT mark in 181 days. Vizhinjam port docked the biggest cargo ship ever to reach in South Asia (MSC Claude Girardet).The corporate dealt with 0.31 mn TEUs rail quantity, displaying a development of 11% YoY and 10.7 MMT GPWIS quantity. The container volumes dealt with at MMLPs elevated by 21% YoY to 215,958 TEUs.For the second quarter ended September 2024, the corporate reported a 40% year-on-year (YoY) development in its consolidated web revenue at Rs 2,445 crore towards Rs 1,748 crore within the earlier yr quarter.
Income from operations, in the meantime, rose 6% YoY to Rs 7,067 crore within the reporting interval.
Shares of Adani Ports have elevated by 69.5% within the final one yr and on a year-to-date foundation, the inventory has surged 28.6%.
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