Gujarat Pipavav Port standalone net profit rises 28.12% in the March 2017 quarter

Sales rise 5.85% to Rs 156.74 crore

Net profit of Gujarat Pipavav Port rose 28.12% to Rs 66.20 crore in the quarter ended March 2017 as against Rs 51.67 crore during the previous quarter ended March 2016. Sales rose 5.85% to Rs 156.74 crore in the quarter ended March 2017 as against Rs 148.08 crore during the previous quarter ended March 2016.

For the full year,net profit rose 30.72% to Rs 249.91 crore in the year ended March 2017 as against Rs 191.18 crore during the previous year ended March 2016. Sales rose 4.17% to Rs 630.11 crore in the year ended March 2017 as against Rs 604.90 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales156.74148.08 6 630.11604.90 4 OPM %73.1767.42 -66.4362.17 - PBDT121.32107.65 13 453.54406.27 12 PBT95.3782.96 15 347.03308.93 12 NP66.2051.67 28 249.91191.18 31

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