Adani Ports' February Cargo Surges 16% Year-on-Year; Rail Volumes Climb 3%

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Adani Ports' Cargo Surges 16% in February, Container Volumes Lead Growth

Adani Ports and Special Economic Zone Limited (APSEZ), through its subsidiary Adani Gangavaram Port Ltd, has signed a strategic Memorandum of Understanding with NMDC Ltd and Vale SA to develop an integrated iron ore blending facility and dedicated Special Economic Zone (SEZ) at Gangavaram Port. The MoU was signed at the India-Brazil Business Forum Summit in New Delhi during the official visit of Brazilian President Luiz Inacio Lula da Silva, the company said in a statement.

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CNBC TV18•02-03-2026, 18:36

Adani Ports' Cargo Surges 16% in February, Container Volumes Lead Growth

•Adani Ports & Special Economic Zone Ltd. (APSEZ) reported a 16% year-on-year increase in total cargo volumes for February, reaching 42.5 MMT.
•Growth was primarily driven by a 14% rise in container volumes and a 15% increase in dry cargo.
•Year-to-date February 2026, total cargo volumes hit 454.7 MMT, up 11% year-on-year, with container volumes jumping 20%.
•Rail volumes for February increased 3% year-on-year to 52,101 TEUs; year-to-date rail volumes rose 10%.
•APSEZ raised its full-year revenue guidance to ₹38,000 crore and EBITDA guidance to ₹22,800 crore, reflecting strong growth.

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