Gujarat Pipavav Port standalone net profit declines 26.60% in the March 2018 quarter

Image
Capital Market
Last Updated : May 17 2018 | 4:50 PM IST

Sales decline 5.20% to Rs 165.49 crore

Net profit of Gujarat Pipavav Port declined 26.60% to Rs 48.59 crore in the quarter ended March 2018 as against Rs 66.20 crore during the previous quarter ended March 2017. Sales declined 5.20% to Rs 165.49 crore in the quarter ended March 2018 as against Rs 174.57 crore during the previous quarter ended March 2017.

For the full year,net profit declined 20.59% to Rs 198.46 crore in the year ended March 2018 as against Rs 249.91 crore during the previous year ended March 2017. Sales declined 5.01% to Rs 648.90 crore in the year ended March 2018 as against Rs 683.10 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales165.49174.57 -5 648.90683.10 -5 OPM %56.2065.70 -57.6561.28 - PBDT101.15121.32 -17 410.76453.55 -9 PBT74.4295.37 -22 307.20347.03 -11 NP48.5966.20 -27 198.46249.91 -21

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 17 2018 | 4:32 PM IST

Next Story