Port stock engaged in the business of handling ports and providing port services such as berth hire, wharfage, container handling and many more jumped 7 percent in the day’s trade upon posting a 67 percent jump in Net Profits in Q1FY25
Price Action
With a market capitalization of Rs. 11,168 Crores, the shares of Gujarat Pipavav Port Limited were trading at Rs. 232.80 per equity share, up 5 percent from its previous day’s close price of Rs. 221.50.
Q1FY25 Results
Its Revenue from operations grew by 15 percent YoY from Rs. 214.9 Crores in Q1FY24 to Rs. 245.9 Crores in Q1FY25 and it declined by 2 percent QoQ from Rs. 251.2 Crores in Q4FY24 to Rs. 245.9 Crores in Q1FY25.
Its Net Profit grew by 62 percent YoY from Rs. 67.8 Crores in Q1FY24 to Rs. 109.6 Crores in Q1FY25 and grew by 67 percent QoQ from Rs. 65.8 Crores in Q4FY24 to Rs. 109.6 Crores in Q1FY25. Its Net Profit Margin increased from 29 percent in Q1FY24 to 40.98 percent in Q1FY25.
Coming to the EBITDA it grew by 41 percent YoY from Rs. 105.8 Crores in Q1FY24 to Rs. 149.5 Crores in Q1FY25 and the EBITDA % grew from 49 percent to 61 percent.
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About the Company
Gujarat Pipavav Port Limited is engaged in the business of handling ports and providing port services such as berth hire, wharfage, container handling, yard operations etc. Currently, the Gujarat Pipavav Port is being developed and operated by APM Terminals.
In terms of Return ratios, it has delivered a return on equity (ROE) of 16.4 percent and a return on capital employed (ROCE) of 22.7 percent. It has a debt-to-equity ratio of 0.03.
Written by: Bharath K.S
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