Adani Ports and Special Economic Zone Ltd handles 29.3 MMT of cargo in Aug 2022

Adani Ports and Special Economic Zone Limited ("APSEZ") has announced the operational performance for August 2022:

August 2022 - Cargo volumes jumps 18% YoY; average run rate of April-August continues to be strong at 30.3 MMT

- APSEZ handled 29.3 MMT of cargo in August '22, implying 18% YoY increase; dry bulk volume grew by 44% and containers by 8%.

- In a record 49 days, the Company achieved a cargo throughput of 50 MMT (YTD cargo volume increasing from 100 MMT to 150 MMT).

- In the initial five months of FY23, the Company managed 151.4 MMT of cargo, which is a 11% increase over the corresponding period last year, that benefitted from post COVID volume surge.

Source : Equity Bulls

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AdaniPortsandSEZ OperationalPerformance August2022 CargoVolumes