Adani Ports Reports Strong 12% YoY Cargo Growth in January 2026
Adani Ports and Special Economic Zone Limited achieved strong operational performance in January 2026, handling 44.8 MMT of total cargo with 12% YoY growth. Containers led segment growth at 16% YoY, while liquids grew 21% and dry cargo increased 8%. Rail logistics volume reached 59,308 TEUs (+3% YoY), though GPWIS volume remained flat at 1.9 MMT.
*this image is generated using AI for illustrative purposes only.
Adani Ports and Special Economic Zone Limited (APSEZ) reported strong operational performance for January 2026, with total cargo handling reaching 44.8 MMT, marking a robust 12% year-on-year growth. The diversified port operator demonstrated resilience across multiple cargo segments during the month.
Cargo Performance Analysis
The company's cargo handling performance showed broad-based growth across key segments:
| Cargo Segment: | Jan'26 Performance | YoY Growth |
|---|---|---|
| Total Cargo: | 44.8 MMT | +12% |
| NQXT Cargo: | 3.4 MMT | - |
| Containers: | - | +16% |
| Liquids: | - | +21% |
| Dry Cargo: | - | +8% |
Containers emerged as the strongest performing segment with 16% year-on-year growth, followed by liquids which recorded an impressive 21% increase. Dry cargo also contributed positively with 8% growth during the month.
Logistics Operations
APSEZ's integrated logistics operations showed mixed results during January 2026:
| Logistics Metric: | Jan'26 Volume | YoY Performance |
|---|---|---|
| Rail Volume: | 59,308 TEUs | +3% |
| GPWIS Volume: | 1.9 MMT | Flat |
The rail logistics segment maintained steady growth momentum with 59,308 TEUs handled during the month, representing a 3% year-on-year increase. However, GPWIS (Gujarat Pipavav Inland Waterways and Infrastructure Services) volume remained stable at 1.9 MMT with no change compared to the previous year.
Performance Highlights
The January 2026 results underscore APSEZ's operational efficiency and market positioning. The company successfully handled 3.4 MMT of NQXT cargo as part of its total cargo volume, demonstrating its capability to manage diverse cargo types. The double-digit growth in total cargo handling reflects the company's strong market presence and operational capabilities across its port network.
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