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(04/11/2026 18:40)

Gujarat Pipavav Port Q2 net profit down 5.19% at Rs 150.10 cr

The company reported standalone net profit of Rs 150.10 crore for the quarter ended September 30, 2026 as compared to Rs 158.31 crore in the same period last year, registering a year-on-year decline of 5.19 per cent.

Net revenue of the company rose moderately by 13.30 per cent at Rs 339.15 crore in July-September quarter of this fiscal as against Rs 299.35 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 4.78 per cent to Rs 127.33 crore from Rs 121.52 crore in year ago period.

Other Income dipped by 11.95 per cent at Rs 21.14 crore versus (Sep'25 Rs 24.01 crore).

Operating Profit surged by 19.11 per cent to Rs 211.82 crore as against Rs 177.84 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.13 per cent in September quarter.

Interest declined by 29.25 per cent y-o-y to Rs 1.04 crore, while Taxation decreased by 5.32 per cent at Rs 50.71 crore (Sep'25 Rs 53.56 crore).