Home » Gujarat Pipavav Port Q3 profit up at Rs 44.1 cr

Gujarat Pipavav Port Q3 profit up at Rs 44.1 cr

Gujarat Pipavav Port Q3 profit up at Rs 44.1 cr

The Nikhil Gandhi-promoted Gujarat Pipavav Port on October 22 reported an over five-fold growth in post tax profit at Rs 44.1 crore for the third quarter ended September 30. The company had recorded a net profit of Rs 8.2 crore in the corresponding July-September period last year.

The total income of the company, which operates by calendar year, grew to Rs 126.2 crore, which is a 34 per cent growth over the same period last year, the company said in a statement. It notched a 30 per cent increase in volume on additional services and upsizing in the container cargo segment, while on the bulk and general cargo front, there was a 31 per cent increase in volumes on higher mineral and coal shipments, it said.

Comments

Leave a Reply

Your email address will not be published.