Ahmedabad, April 3 (IANS) Adani Group Chairman Gautam Adani on Friday set an ambitious target of handling one billion tonnes of cargo for Adani Ports and SEZ (APSEZ) by 2030 on the occasion of the flagship company celebrating its landmark achievement of surpassing the 500 million tonnes mark.”Let this evening not be remembered only as the moment we celebrated 500 million tonnes. Let it be remembered as the moment we paused to renew our belief and set our sights on the next horizon. One billion t…
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Ahmedabad, April 1 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ), on Wednesday, said it has surpassed the landmark milestone of 500 million tonnes of cargo handled.From a single port-led vision in 1998 to a network spanning 19 ports and terminals across India and beyond, APSEZ has grown into a critical enabler of India’s trade, industrial growth and global competitiveness.“Ports are not merely gateways for trade; they are gateways to national confidence, competitiveness and destin…
Ahmedabad, March 18 (IANS) A rapid first-year ramp-up at the Port of Colombo in Sri Lanka underscores the expanding global footprint of India’s Adani Ports and Special Economic Zone Ltd (APSEZ), highlighting both the growing importance of the Indian Ocean region in global trade flows and its emerging role in the blue economy.In a milestone that signals both operational discipline and strategic intent, the Colombo West International Terminal (CWIT) in Sri Lanka, which commenced operations in Ap…
Mumbai, Feb 3 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported strong financial performance for the December quarter (Q3 FY26), with consolidated net profit rising 21 per cent year-on-year (YoY) to Rs 3,043 crore. The company had posted a profit of Rs 2,518 crore in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.Revenue for the quarter also saw a sharp increase of 22 per cent, reaching Rs 9,705 crore compared to Rs 7,964 cro…
Ahmedabad, Jan 15 (IANS) Moody’s Ratings on Thursday revised the outlook on Adani Ports and Special Economic Zone’s (APSEZ) ratings to stable from negative, along with reaffirming ‘Baa3’ investment grade rating — reflecting confidence in APSEZ’s creditworthiness and long-term financial prospects.Moody’s Ratings also affirmed Baa3 senior secured ratings of Adani Transmission Step-One Limited (ATSOL) and Adani Electricity Mumbai Limited (AEML), along with affirming the ‘(P)Baa3 senior…