Gujarat Pipavav Port reports marginal fall in Q1 net profit

Gujarat Pipavav Port has reported results for first quarter ended June 30, 2015.

The company has reported 0.14% fall in its net profit at Rs 80.41 crore for the quarter ended June 30, 2015 as compared to Rs 80.53 crore for the same quarter in the previous year. However, the company’s total income has increased by 8.68% to Rs 190.50 crore for the quarter under review from Rs 175.29 crore for the corresponding quarter of the previous year.

Gujarat Pipavav Port is the developer and operator of APM Terminals Pipavav, India's first private sector port, which has multi-cargo and multi-user operations.