Adani Ports cargo volumes rises 3% in February ; Check FY25 guidance

AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) delivered a monthly cargo volume of 35.6 MMT in February 2025, marking a 3% increase on a year-on-year (YoY) basis.The growth in cargo volumes was led by containers (up 16% YoY) and liquids and gas (up 12% YoY).

On a year-to-date (YTD) basis, APSEZ handled 408.7 MMT of total cargo (up 7% YoY). This growth was supported by containers (up 20% YoY) and liquids and gas (up 9% YoY).

The company’s YTD February 2025 logistics rail volumes were 0.58 million TEUs (up 8% YoY), and GPWIS was at 19.9 MMT (up 11% YoY).

For the current financial year, the company is expecting cargo volumes to be in the 460 MMT to 480 MMT range. The company reported its highest-ever monthly cargo volume of 39.9 MMT in January 2025, a 13% increase from the previous year. It was driven by significant surge in container volumes (over 32% YoY) and liquids and gas volumes (over 18% YoY).

Adani Ports shares are trading with losses for the third day on Monday, March 3. The stock was down 2.14% at ₹1,046.55 apiece at 10.15 am. It has fallen 22% in the past year.

For the current financial year, the company is expecting cargo volumes to be in the 460 MMT to 480 MMT range. The company reported its highest-ever monthly cargo volume of 39.9 MMT in January 2025, a 13% increase from the previous year. It was driven by significant surge in container volumes (over 32% YoY) and liquids and gas volumes (over 18% YoY).

Adani Ports shares are trading with losses for the third day on Monday, March 3. The stock was down 2.14% at ₹1,046.55 apiece at 10.15 am. It has fallen 22% in the past year.