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Gujarat Pipavav Port Q3 results : Net profit falls 14% to β‚Ή99 crore

February 17, 2025 2 min read
author Anamika Mishra, Sub Editor
Gujarat Pipavav Port Ltd on Thursday (February 13) reported a 14.3% year-on-year (YoY) decline in net profit at β‚Ή99.4 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Gujarat Pipavav Port posted a net profit of β‚Ή116 crore, the company said in a regulatory filing. The company’s revenue from operations dipped 2.5% to β‚Ή262.9 crore as against β‚Ή269.6 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA fell 12.9% to β‚Ή138.7 crore in the third quarter of this fiscal over β‚Ή159.3 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 52.8% in the reporting quarter as compared to

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