The Pipavav Railway Corporation, Indian Railways joint venture company with Gujarat Pipavav Port, Thursday reported a 30 percent rise in its total traffic revenue for 2013-14.
According to the company, it earned a net profit of about Rs.80.78 crore and a total traffic revenue of Rs.232 crore during fiscal 2013-14
"This has also improved the net worth of the company from Rs.202 crore to Rs.272 crore," Railways said in a statement.
The earning per share of the company to went up and stood at Rs.4.12 from the previous year's Rs. 2.37.
The company declared an interim dividend of Rs.2 per share out of its profits amounting to a total of Rs.40 crore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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