Adani Ports and Special Economic Zone Ltd (APSEZ) released its business update for February on Monday, reporting a cargo volume of 36.5 MMT for the month. This marked a 3% year-on-year (YoY) increase. The growth was primarily driven by a 16% YoY rise in container handling and a 12% increase in the liquid and gas segment, according to a regulatory filing by Adani Ports.
For the year-to-date (YTD) period ending in February 2025, Adani Ports handled a total of 408.7 MMT of cargo, reflecting a 7% growth compared to the same period last year. This increase was supported by a 20% YoY growth in container volumes, followed by a 9% rise in liquids and gas volumes.
Additionally, the company reported a growth of 8% YoY in its logistics rail volumes for the YTD period, reaching 0.58 million TEUs. The General Purpose Wagon Investment Scheme (GPWIS) recorded a volume of 19.9 MMT, marking an 11% YoY increase.
Earlier in January, Adani Ports released its fiscal third-quarter earnings report, showing a profit of Rs 2,520.26 crore, a 14.12% increase compared to Rs 2,208.41 crore in the same period of the previous fiscal year. The company’s revenue from operations for the quarter was Rs 7,963.55 crore, reflecting a 15.08% YoY growth.