Indian Transport & Logistics

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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

Adani Ports ends FY23 with cargo handling of 339mn tonnes

5 April 2023 7:48 AM GMT
Mundra continues to be India’s largest seaport with ~155 million tonnes of total cargo handled during the year

Adani Ports completes acquisition of Karaikal Port

3 April 2023 4:14 PM GMT
Only major port between Chennai & Tuticorin, allows easy access to industry-rich hinterland of central Tamil Nadu

Adani Ports reports revenue spike of 27%

26 May 2022 10:55 AM GMT
Revenue from logistics business stood at Rs 1,208 crore, recording a growth of 26%

Adani buys Ocean Sparkle in Rs 1,500cr deal

22 April 2022 12:02 PM GMT
Ocean Sparkle's biz model provides for long-term cash visibility on take-or-pay deals with avg contract life of 7+ years

Adani Ports cargo volumes accelerate to 300 million metric tonnes

23 March 2022 10:30 AM GMT
With 12 ports, APSEZ's milestone of handling 300 MMT annually has come in just three years since achieving 200 MMT.

Adani Logistics to acquire agri-logistics arm from AEL

27 Feb 2019 6:18 AM GMT
February 27, 2019:  Adani Logistics Limited (ALL), a 100 percent subsidiary of Adani Ports and SEZ Limited (APSEZ), has announced its intent to...
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