Gujarat Pipavav Port has reported results for second quarter ended September 30, 2016.
The company has reported 32.09% fall in its net profit of Rs 59.41 crore for the quarter under review as compared to Rs 87.48 crore for the same quarter in the previous year. However, total income of the company increased by 15.95% at Rs 184.12 crore for the quarter under review as compared to Rs 158.79 crore for the corresponding quarter 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.