Adani Ports reports 14% surge in November cargo volume to 41 MMT

Adani Ports and Special Economic Zone (APSEZ), India’s private port operator, announced on 2 December that it handled 41 million metric tonnes (MMT) of cargo in November 2025, a 14% increase compared to the 36 MMT recorded in the same period last year.

According to the company's regulatory filing, the growth was primarily driven by container and dry cargo movements. Container volumes saw an uptick, rising 20% during the month, while dry cargo volumes increased by 10% year-on-year.

On a year-to-date (YTD) basis, APSEZ has handled a total of 325.4 MMT of cargo, reflecting an 11% growth compared to the previous year. This performance has been led by a 21% surge in container volumes and a 5% increase in dry cargo.

While port cargo volumes grew, the logistics segment showed mixed results for the month. Logistics rail volume for November 2025 stood at 51,042 TEUs (twenty-foot equivalent units), a decline of 5% year-on-year. Similarly, volumes under the General Purpose Wagon Investment Scheme (GPWIS) dipped by 4% to 1.7 MMT.

For the year-to-date period ending November 2025, logistics rail volumes stood at 469,835 TEUs (approximately 0.47 million TEUs), representing a 13% increase over the previous year.

Adani Group, the business conglomerate spanning transport, energy, building materials, data centers, and logistics, intends to secure approximately ₹290,000 crore (₹2900 billion) in debt during the upcoming financial year, as disclosed by group CFO Jugeshinder (Robbie) Singh at a Mumbai conference, The Economic Times reports. While the planned fundraising will be geographically diverse, it is anticipated to lean slightly more toward domestic markets.

This borrowing is part of its capital expenditure plan of ₹21.57 lakh crore (₹21.57 trillion) FY27.

As of 3.20 pm, the share of the Adani Ports and Special Economic Zone on the National Stock Exchange were down by 0.69% at ₹1,520 per share.