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Gujarat Pipavav Port standalone net profit declines 40.33% in the December 2015 quarter

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Capital Market

Sales decline 10.30% to Rs 152.13 crore

Net profit of Gujarat Pipavav Port declined 40.33% to Rs 53.30 crore in the quarter ended December 2015 as against Rs 89.32 crore during the previous quarter ended December 2014. Sales declined 10.30% to Rs 152.13 crore in the quarter ended December 2015 as against Rs 169.59 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales152.13169.59 -10 OPM %65.8259.28 -PBDT106.50105.59 1 PBT81.5589.32 -9 NP53.3089.32 -40

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First Published: Jan 28 2016 | 4:04 PM IST

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