Adani Ports reports a revenue spike of 27%

Revenue from the logistics business stood at Rs 1,208 crore, recording a growth of 26%

Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India recently announced its results for the fourth quarter and year ended March 31, 2022. APSEZ’s consolidated revenue (excluding Gangavaram) grew by 27% to Rs 15,934 crore on the back of well-rounded growth registered by three key business segments – Port, Logistics, and SEZ. Karan Adani, Chief Executive Officer and director of APSEZ, said, “FY22 has been a stellar year for APSEZ, with the achievement of various milestones for itself and new benchmarks for India’s maritime industry.”

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