Gujarat Pipavav Port is India’s first private sector port located on the south west coast of Gujarat near Bhavnagar. The port is strategically placed to on International Maritime Trade route which connects India with US, Europe, Africa, Middle East on one side and Far east on the other side.
Financial Results:
Gujarat Pipavav Port Ltd reported Revenues for Q2FY25 of ₹227.00 Crores down from ₹253.00 Crore year on year, a fall of 10.28%.
Total Expenses for Q2FY25 of ₹125.00 Crores down from ₹133.00 Crores year on year, a fall of 6.02%.
Consolidated Net Profit of ₹75.00 Crores down 18.48% from ₹92.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.56, down 18.32% from ₹1.91 in the same quarter of the previous year.