Cargo handled at Adani Ports and Special Economic Zone (APSEZ) contributed Rs 80,732 crore to the Customs department's coffers in FY23, up from Rs 60,945 crore in FY22.
A fallout of this report was the group halting some investments, cutting down on capital expenditure, and considering a different approach towards financing its projects, according to Bloomberg.
Adani Ports & SEZ on Tuesday reported a net profit of Rs 1,315 crore for the quarter ended December 2022 (Q3 FY23). Meanwhile, revenue from operations, rose 17 per cent year-on-year (YoY) to Rs 4,786 crore for the quarter under review. It was Rs 4,072 crore in the third quarter of last year. aaa
Container xChange, the world’s leading neutral marketplace for shipping containers and a technology logistics infrastructure company, released the findings of its container logistics analysis for the Indian container logistics market. Key findings from the analysis show that there has been a general decline in average prices of 20 ft DC and 40 ft HC standard .