Adani Ports Reports Handling of 37.3 MMT Cargo in July 2024

With 146.3 MMT of total cargo handled in the first four months of the fiscal year, Adani Ports experienced an 8% YoY rise.

With a total cargo volume of 37.3 million metric tons (MMT) for the month, Adani Ports and Special Economic Zone (APSEZ) reported a 9.5% rise over the same period last year.

The company claims that an impressive 18% year-over-year (YoY) increase in container volumes was a major factor in this gain.

With 146.3 MMT of total cargo handled in the first four months of the fiscal year, Adani Ports experienced an 8% YoY rise. "The robust performance in container shipments, which increased by 18%, and liquids and gas, which increased by 9%, was the main driver of the surge. Notably, Dhamra Port handled 4.6 MMT of goods in a month, which was its greatest volume ever, according to the statement.

During this time, Adani Ports' logistical assets also saw significant expansion. July 2024 had a 17% YoY increase in rail volumes, totaling 0.21 million twenty-foot equivalent units (TEUs). Furthermore, the volumes of the General Purpose Wagon Investment Scheme (GPWIS) increased by 28% year over year to a total of 7.42 MMT.