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Gujarat Pipavav Reports 9% Net Profit Growth in Strong Q3 Performance
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Gujarat Pipavav Q3 Net Profit Jumps 9%; Revenue and Margins Soar
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CNBC TV18
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10-02-2026, 18:21
Gujarat Pipavav Q3 Net Profit Jumps 9%; Revenue and Margins Soar
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Gujarat Pipavav Port Ltd reported an 8.6% rise in net profit to ₹107.9 crore in Q3.
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Revenue grew 11.2% year-on-year to ₹292.2 crore, with EBITDA increasing 15.4% to ₹160 crore.
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EBITDA margin improved to 54.8% from 52.8% in the corresponding quarter.
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The port handled 62,000 Ro Ro units, a significant increase from 44,000 units last year.
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ONGC awarded a contract to Gujarat Pipavav for hiring port and storage facilities.
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