Gujarat Pipavav Port standalone net profit declines 25.50% in the March 2016 quarter

Sales decline 6.91% to Rs 154.10 crore

Net profit of Gujarat Pipavav Port declined 25.50% to Rs 49.83 crore in the quarter ended March 2016 as against Rs 66.89 crore during the previous quarter ended March 2015. Sales declined 6.91% to Rs 154.10 crore in the quarter ended March 2016 as against Rs 165.54 crore during the previous quarter ended March 2015.

For the full year,net profit declined 38.89% to Rs 236.66 crore in the year ended March 2016 as against Rs 387.28 crore during the previous year ended March 2015. Sales declined 21.80% to Rs 619.53 crore in the year ended March 2016 as against Rs 792.19 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales154.10165.54 -7 619.53792.19 -22 OPM %64.3368.04 -60.5963.26 - PBDT105.57117.66 -10 400.02515.37 -22 PBT80.88101.47 -20 303.66432.08 -30 NP49.8366.89 -26 236.66387.28 -39

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