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During the first half of FY25, APSEZ handled 219.8 MMT of total cargo (+8.5% YoY), the highest cargo ever recorded in the first half of the year. This growth was supported by containers, which reached 19% year-on-year, followed by liquid and gas freight (+8%).
“With Vizhinjam and Gopalpur contributing to cargo volume in the second half of the financial year, we are on track to meet our FY25 cargo guidance, despite disruptions at Gangavaram port during the first quarter “, the company added.
Mundra Port achieved a milestone by crossing the 100 MMT mark in 181 days (101.1 MMT in the first half).
Logistics asset depletion continued with H1FY25 rail volumes growing 11% y-o-y to 0.31 million TEU and GPWIS volumes up 20% y-o-y at 10.7 MMT.
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First publication: October 3, 2024 | 9:37 a.m. STI