Pipavav Railway Corporation Limited Registers 30 Per Cent Growth in Revenue during Fiscal 2013-14
Pipavav Railway Corporation Limited (PRCL), a joint sector Company of the Ministry of Railways and Gujarat Pipavav Port Limited (GPPL) has earned traffic revenue of approximately Rs. 232 crore during fiscal 2013-14, registering a significant growth of 30 per cent compared to corresponding period of previous year and a net profit of Rs.80.78 crore. This has also improved the net worth of the Company from Rs. 202 crore to Rs. 272 crore. The Earning Per Share for Financial Year 2013-14 is Rs. 4.12 as against previous year figure of Rs. 2.37. The Company is debt free.