Mundra Port has become the largest container port in India during April-June 2020 period.
Adani Ports and Special Economic Zone (APSEZ) on Friday (3 July) said it achieved a throughput of 41.5 MMT across its nine operating ports in India during Q1 June 2020.During the quarter, Mundra Port surpassed Jawaharlal Nehru Port Trust (JNPT) volume to become the largest container port in India.
APSEZ, a part of globally diversified Adani Group, is the largest port developer and operator in India.
The port operator's consolidated net profit slumped 74.11% to Rs 340.21 crore on a 5.23% decline in net net sales to Rs 2,921.19 crore in Q4 March 2020 over Q4 March 2019.
Shares of APSEZ rose 3.91% to Rs 360.40 on the BSE on Friday.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app