Gujarat Pipavav Port Reports Q3 FY25 Net Profit Declines to ₹99.4 crore

Gujarat Pipavav Port Ltd has reported a year-on-year (YoY) decline in net profit, totalling ₹99.4 crores for the third quarter ending December 31, 2024, compared to ₹116 crores in the same period of the previous fiscal.

The decline in profit comes amid a slight drop in revenue and a fall in operating performance during the quarter.

Revenue and Operating Performance

The company’s revenue from operations decreased by 2.5%, amounting to ₹262.9 crore, as compared to ₹269.6 crore in the corresponding quarter of the previous fiscal year.

At the operating level, EBITDA (earnings before interest, tax, depreciation, and amortisation) fell by 12.9%, coming in at ₹138.7 crore, down from ₹159.3 crore in the same quarter of the preceding fiscal.

This resulted in a reduction in the EBITDA margin, which stood at 52.8% in Q3 FY25, down from 59.1% in Q3 FY24.

Stock Performance 

On February 14, 2025, Gujarat Pipavav Port share price traded 0.82% lower at ₹133.55 at 10:16 AM (IST). Gujarat Pipavav Port’s share price reached a 52-week high of ₹250.50 on August 13, 2024, and a 52-week low of ₹132.75 on February 14, 2025. As per BSE, the total traded volume for the stock stood at 0.37 lakh shares with a turnover of ₹49.97 lakhs.

At the current price, Gujarat Pipavav Port shares are trading at a price-to-earnings (P/E) ratio of 17.93x, based on its trailing 12-month earnings per share (EPS) of ₹3.06, and a price-to-book (P/B) ratio of 7.45, according to exchange data.

About Gujarat Pipavav Port

Gujarat Pipavav Port is one of India’s leading gateway ports, offering a wide range of services, including the handling of containers, dry bulk, liquid bulk, and RoRo cargo. The port is strategically located, providing excellent connectivity to northwest India’s hinterland through a robust rail and road network.

With an annual cargo handling capacity of 1.35 million TEUs for containers, 4 million metric tons of dry bulk, 2 million metric tons of liquid bulk, and 250,000 passenger cars, Gujarat Pipavav Port is a key player in the Indian port industry.

The port is part of APM Terminals’ global network and is India’s first public-private partnership (PPP) port, as well as the first port connected to the Dedicated Freight Corridor (DFC).

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