Gujarat Pipavav Port consolidated net profit declines 9.12% in the March 2020 quarter

Sales decline 10.10% to Rs 161.94 crore

Net profit of Gujarat Pipavav Port declined 9.12% to Rs 54.14 crore in the quarter ended March 2020 as against Rs 59.57 crore during the previous quarter ended March 2019. Sales declined 10.10% to Rs 161.94 crore in the quarter ended March 2020 as against Rs 180.13 crore during the previous quarter ended March 2019.

For the full year,net profit rose 34.97% to Rs 319.44 crore in the year ended March 2020 as against Rs 236.68 crore during the previous year ended March 2019. Sales rose 4.76% to Rs 735.37 crore in the year ended March 2020 as against Rs 701.98 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales161.94180.13 -10 735.37701.98 5 OPM %62.0055.25 -60.7355.39 - PBDT116.46119.14 -2 517.14464.80 11 PBT82.6288.11 -6 385.69351.96 10 NP54.1459.57 -9 319.44236.68 35

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