Gujarat Pipavav also known as APM Terminals Pipavav announced a 62% rise in consolidated net profit to Rs 109.67 crore for the June 2024 quarter, up from Rs 67.8 crore last year. Revenue increased by 14% to Rs 245.97 crore, and EBITDA grew 41% to Rs 149.53 crore. Liquid cargo volume surged 31.8% to 345,000 MT, while Ro-Ro volumes rose to 39,000 units. The company’s investments in technology and infrastructure are boosting efficiency. For investors, strong profit growth and operational improvements highlight a positive outlook for the port sector.
