Adani Ports and Special Economic Zone Limited — Important, 03-01-2025: Monthly Business Updates

In December 2024, Adani Ports and Special Economic Zone Limited (APSEZ) reported a cargo handling of 38.4 million metric tons (MMT), reflecting an 8% YoY increase. This growth was primarily driven by a significant rise in container handling, which soared by 22% YoY, alongside a 7% increase in liquids and gas. Year-to-date (YTD) figures show APSEZ handled a total of 332.4 MMT, representing a 7% YoY growth, again led by containers with a 19% YoY increase and liquids and gas growing by 8% YoY. Additionally, logistics rail volumes reached 0.48 million twenty-foot equivalent units (TEUs), marking a 9% YoY rise, with GPWIS volumes also up 13% YoY at 16.1 MMT. This operational performance emphasizes a robust growth trajectory, presenting a positive outlook for the company amid increasing cargo volumes.