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

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

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