Indian Transport & Logistics

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Adani Ports handles 420 million tonnes cargo in FY24, up 24%

1 April 2024 7:32 AM GMT
Domestic ports handle over 408 million tonnes; eight ports - 84% of portfolio by volume - delivered double digit growth

Adani Ports to acquire Gopalpur Port in Odisha for Rs 3,080 crore

26 March 2024 6:01 AM GMT
Gopalpur is a road-rail connected port with capacity of 20mn tonnes per annum & significant potential for expansion

Karan Adani promoted as MD of APSEZ

3 Jan 2024 2:28 PM GMT
Gautam Adani has been re-designated as Executive Chairman; board approves appointment of Ashwani Gupta as new CEO

Adani Ports 9-months FY24 cargo volumes up 28%

2 Jan 2024 12:09 PM GMT
For quarter ended December, APSEZ handled around 109 million tonnes of overall cargo

MSC buys 49% stake in Adani Ennore Container Terminal for Rs 247cr

15 Dec 2023 1:44 PM GMT
Adani Ennore Container Terminal has an annual capacity of 0.8 million TEUs, which can be increased to 1.4 million TEUs

Adani Ports H1FY2024 net profit up 33%

9 Nov 2023 10:20 AM GMT
Revenue increased 26% to Rs 12,894 crore from Rs 10,269 crore in H1FY2023

US DFC commits $553mn for Adani’s terminal venture in Sri Lanka

8 Nov 2023 6:26 AM GMT
This is the first time that the U.S. government, through one of its agencies, is funding an Adani project

Adani Ports reports 48% YoY cargo growth in Oct

3 Nov 2023 8:19 AM GMT
APSEZ records its highest-ever monthly cargo volumes of 37mn tonnes with ~36mn tonnes contributed by ports in India.

Mundra Port completes 25 years of operations

9 Oct 2023 6:28 AM GMT
Mundra Port handled over 155 million tonnes in FY23, nearly 11% of India’s maritime cargo

Adani Ports Q1FY24 net profit up 80%

8 Aug 2023 12:40 PM GMT
Adani Ports reported 24% increase in revenue at Rs 6,248 crore on 12% increase in cargo handled at 101.4 million tonnes

Adani Ports FY23 revenue up 22%, profit up 9%

31 May 2023 5:49 AM GMT
Investments of Rs 27,000cr in FY23 primarily funded through internal accruals and cash and cash equivalents

Adani Ports concludes Myanmar port sale for $30 million

4 May 2023 8:05 AM GMT
In May 2022, APSEZ announced the signing of a Share Purchase Agreement (SPA) for the sale of its Myanmar Port
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