Adani Ports reports highest ever monthly cargo volume; hits 52-week high

Adani Ports and Special Economic Zone (APSEZ), on Monday, reported the highest ever monthly cargo volume and touched a 52-week high of Rs 510.90.

In December 2020, APSEZ handled a cargo volume of 27.2 MMT including 3.5 MMT of Krishnapatnam Port acquired in October 2020. The growth excluding KPCL was 14 per cent month-on-month and 28 per cent year-on-year. Its flagship Mundra port handled highest ever cargo volume of 15.24 MMT registering a cargo volume growth of 44 per cent year-on-year. It also achieved the highest container throughput of 586952 TEUs and continues to be the largest container port in the country.

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For the September quarter 2021, Mundra port handled a cargo volume of 104 MMT, which was equivalent to the volume it handled in the September quarter 2020, thus recovering the entire 30 decline in Q1FY21 due to COVID-19.

At 12:05 hours, Adani Ports and Special Economic Zone was quoting at Rs 498.90, down Rs 4.95, or 0.98 per cent.