Pipavav Port Q4 results : Net profit surges 70.7% YoY despite flat revenue

PIPAVAV : Gujarat Pipavav Port Ltd on Thursday reported a 70.7% year-on-year jump in fourth-quarter net profit to ₹112.3 crore, aided by improved operational efficiency despite largely flat revenue growth.

Revenue from operations rose marginally by 0.2% to ₹251.7 crore for the quarter ended March 31, compared with ₹251.2 crore a year earlier.

Earnings before interest, tax, depreciation, and amortisation (EBITDA) declined slightly by 0.4% to ₹156.6 crore, while EBITDA margin narrowed to 62.22% from 62.58% in the same quarter last year.

The company’s board also approved the audited annual accounts and recommended a final dividend of ₹4.20 per equity share, subject to shareholders’ approval at the upcoming Annual General Meeting scheduled for September 4, 2025.

Gujarat Pipavav Port Ltd, a unit of APM Terminals, operates one of India’s leading private sector ports located on the west coast in Gujarat. The port handles containers, dry bulk, and liquid cargo and serves key industrial hubs in north and west India.