Gujarat Pipavav Port's Q2 FY 2025-26 Quarterly Results

Result Summary

• Gujarat Pipavav Port Ltd reported a 18.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 28.6%.
• Its expenses for the quarter were up by 14.0% QoQ and 23.5% YoY.
• The net profit increased 54.1% QoQ and increased 112.9% YoY.
• The earnings per share (EPS) of Gujarat Pipavav Port Ltd stood at 3.32 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Gujarat Pipavav Port Ltd operates as a port company, primarily engaged in the business of providing port and marine services. Located in the state of Gujarat, India, it is strategically positioned to serve the major shipping routes and offers facilities for handling container and bulk cargo. The company is part of the maritime industry, focusing on facilitating international trade through efficient port operations. While current major developments are not detailed, the company is known for its efforts to enhance capacity and operational efficiency to meet growing trade demands.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Gujarat Pipavav Port Ltd reported a total income of ₹319.56 crores. This represents an 18.1% increase quarter-over-quarter (QoQ) from ₹270.69 crores in Q1FY26, and a notable 28.6% rise year-over-year (YoY) from ₹248.49 crores in Q2FY25. The growth in total income indicates an upward trend in the company's revenue generation over the observed periods. Such increases may be attributed to higher port activity, improved service offerings, or other operational enhancements.

Profitability

For Q2FY26, the company achieved a profit before tax (PBT) of ₹208.06 crores, which marks a significant 54.1% increase QoQ from ₹135.06 crores in Q1FY26 and an impressive 68.8% rise YoY from ₹123.29 crores in Q2FY25. After accounting for taxes amounting to ₹53.96 crores, the profit after tax (PAT) stood at ₹160.73 crores. This PAT reflects a 54.1% QoQ growth from ₹104.32 crores in Q1FY26 and a substantial 112.9% YoY increase from ₹75.49 crores in Q2FY25. The earnings per share (EPS) also rose to ₹3.32, up 53.7% QoQ from ₹2.16 and 112.8% YoY from ₹1.56, underscoring enhanced profitability.

Operating Metrics

Total expenses for Q2FY26 were reported at ₹154.63 crores, up 14.0% QoQ from ₹135.64 crores in Q1FY26 and 23.5% YoY from ₹125.21 crores in Q2FY25. This increase in expenses, while significant, is outpaced by the growth in total income, suggesting efficient cost management relative to revenue growth. The tax expense for the quarter was ₹53.96 crores, which is a 54.5% increase QoQ from ₹34.93 crores and a 5.9% increase YoY from ₹50.93 crores. These figures indicate a disciplined approach to managing operational costs amidst rising income levels. Overall, the company's financial performance demonstrates robust operational capabilities and effective management of expenses relative to revenue gains.