AgenciesShares of rose over 2 per cent in Friday’s trade after the company's cargo volume jumped 18 per cent year-on-year (YoY). The company’s average run rate of April-August continued to be strong at 30.3 MMT.
Adani Ports and Special Economic Zone (APSEZ) handled 29.3 MMT of cargo in August 2022, implying an 18 per cent YoY increase; dry bulk volume grew by 44 per cent and containers by 8 per cent, the company said in a BSE filing.
“In a record 49 days, the company achieved a cargo throughput of 50 MMT (YTD cargo volume increasing from 100 MMT to 150 MMT)”, Adani Ports said.
In the initial five months of FY23, the company managed 151.4 MMT of cargo, which is an 11 per cent increase over the corresponding period last year, that benefited from the post-COVID volume surge, it added.
Adani Ports and Special Economic Zone (APSEZ) handled 29.3 MMT of cargo in August 2022, implying an 18 per cent YoY increase; dry bulk volume grew by 44 per cent and containers by 8 per cent, the company said in a BSE filing.
“In a record 49 days, the company achieved a cargo throughput of 50 MMT (YTD cargo volume increasing from 100 MMT to 150 MMT)”, Adani Ports said.
In the initial five months of FY23, the company managed 151.4 MMT of cargo, which is an 11 per cent increase over the corresponding period last year, that benefited from the post-COVID volume surge, it added.
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