Gujarat Pipavav Port has reported results for first quarter ended June 30, 2016.
The company has registered 60.49% rise in its net profit at Rs 59.75 crore for the quarter as compared to Rs 37.23 crore for the same quarter in the previous year. Total income of the company decreased by 8.89% at Rs 173.81 crore for quarter under review as compared to Rs 190.76 crore for the quarter ended June 30, 2015.
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.