Gujarat Pipavav Port Share Value: Gujarat Pipavav Port Ltd jumped in morning offers on BSE on Tuesday (February 13, 2024) after the port agency reported sturdy December quarter numbers.
The inventory of the corporate ended the buying and selling session on Tuesday up by 2.05 per cent, or Rs 3.50, at Rs 174.25.
The inventory that opened at Rs 182.70 on Tuesday after closing at Rs 170.75 a day earlier, touched the day’s excessive of Rs 184.70 within the morning session.
Gujarat Pipavav Port Q3 outcomes
The corporate’s consolidated revenue after tax (PAT) jumped by 38 per cent to Rs 116 crore within the December quarter in comparison with Rs 84 crore Yr-on-Yr (YoY).
Its consolidated income from operations grew by 8.4 per cent to Rs 270 crore within the December quarter in comparison with Rs 249 crore YoY.
Gujarat Pipavav EBITDA for the third quarter was up by 13.6 per cent to Rs 159 crore towards Rs 140 crore within the year-ago interval.
Its margin, in the meantime, improved to 59.1 per cent in Q3 in comparison with 56.3 per cent in the identical quarter final fiscal.