Adani Ports Achieves Record Cargo Volume of 41.5 MMT in March, Marking Impressive 9% Year-Over-Year Growth

Adani Ports and Special Economic Zone Ltd (APSEZ) has recently shared an impressive business update for March, revealing that the company managed to handle a remarkable 41.5 million metric tons (MMT) of cargo during the month. This figure marks a 9% increase year-on-year, making it the highest volume ever recorded by the company. Significant contributions came from container handling, which surged by 19%, and the liquid and gas segment, which also showed a 5% increase according to a regulatory filing.

Milestones Achieved at Vizhinjam Port

In addition to these achievements, the Vizhinjam port reached a significant milestone by surpassing 100,000 TEUs (twenty-foot equivalent units) this month. This accomplishment underscores the port’s growing importance in the logistics sector.

Mundra Port Breaks Records with Cargo Volume

Notably, Mundra port has made history by becoming the first in India to exceed 200 MMT in annual cargo volume, with a total of 200.7 MMT handled during the fiscal year 2025. This achievement highlights the port’s critical role in the nation’s trade and logistics framework.

Annual Cargo Volume Growth

Throughout the fiscal year, APSEZ handled an impressive 450.2 MMT of cargo, reflecting a 7% growth compared to the previous year. This growth was primarily driven by a 20% increase in container handling and a 9% rise in the liquids and gas segment.

Key Performance Metrics for FY25:

Logistics rail volume: 0.64 million TEUs, up 8% YoY
GPWIS volume: 21.97 MMT, reflecting a 9% YoY growth

Financial Performance Highlights

Earlier this January, APSEZ disclosed its earnings report for the third quarter of the fiscal year, showcasing a profit of ₹2,520.26 crore, which is a 14.12% increase YoY. The revenue from operations for this quarter stood at ₹7,963.55 crore, marking a 15.08% rise compared to ₹6,920.10 crore during the same period in FY24. Additionally, the company has raised its FY25 EBITDA forecast to between ₹18,800 and ₹18,900 crore.

As of 9:25 AM today, shares of APSEZ have seen a slight decline of 0.34%, trading at ₹1,170.00.

Overall, APSEZ’s robust performance in cargo handling and the strategic milestones achieved in its ports emphasize its growing significance in India’s logistics and economic landscape. For more insights, feel free to explore the latest updates on logistics and trade in India.