Gujarat Pipavav Port consolidated net profit declines 32.35% in the March 2024 quarter

Sales rise 7.05% to Rs 251.28 crore

Net profit of Gujarat Pipavav Port declined 32.35% to Rs 65.84 crore in the quarter ended March 2024 as against Rs 97.32 crore during the previous quarter ended March 2023. Sales rose 7.05% to Rs 251.28 crore in the quarter ended March 2024 as against Rs 234.73 crore during the previous quarter ended March 2023.

For the full year,net profit rose 9.22% to Rs 342.00 crore in the year ended March 2024 as against Rs 313.14 crore during the previous year ended March 2023. Sales rose 7.80% to Rs 988.43 crore in the year ended March 2024 as against Rs 916.95 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales251.28234.73 7 988.43916.95 8 OPM %61.4755.36 -57.9854.76 - PBDT171.35157.32 9 648.11566.55 14 PBT142.42129.75 10 532.51450.40 18 NP65.8497.32 -32 342.00313.14 9

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