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(29/05/2025 19:55)

Gujarat Pipavav Port Q4 net profit jumps 55.91% at Rs 109.04 cr

The company reported standalone net profit of Rs 109.04 crore for the quarter ended March 31, 2025 as compared to Rs 69.94 crore in the same period last year, registering a year-on-year growth of 55.91 per cent.

Net revenue of the company rose by 0.20 per cent at Rs 251.77 crore in January-March quarter of this fiscal as against Rs 251.28 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 1.10 per cent to Rs 95.04 crore from Rs 94.01 crore in year ago period.

Other Income dipped by 1.23 per cent at Rs 19.25 crore versus (Mar'24 Rs 19.49 crore).

Operating Profit slipped by 0.34 per cent to Rs 156.73 crore as against Rs 157.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.54 per cent in March quarter.

Interest declined by 39.23 per cent y-o-y to Rs 1.58 crore, while Taxation increased by 58.73 per cent at Rs 37.19 crore (Mar'24 Rs 23.43 crore).