Gujarat Pipavav Port reports strong Q2 FY26 performance

Gujarat Pipavav Port Limited (GPPL) has reported a substantial increase in its financial performance for Q2 FY26. Revenue from operations grew by 32% to INR 2,993m, while EBITDA saw a 34% increase, reaching INR 1,778m with a margin of 59%. Net profit for the quarter surged by 74% to INR 1,576m, which includes an insurance recovery of INR 431m.

The company's volume development in Q2 FY26 showed mixed results. Container volume experienced a 9% decrease in Exim volume, totaling 164,159 TEUs. However, Dry Bulk volume soared by 124% to 1,030,881 MT, primarily due to higher fertilizer volumes. Liquid throughput also increased by 17% to 387,690 MT, driven by higher LPG and Fuel oil imports, and Roll-on/Roll-off (RORO) units saw a significant 72% rise to 56,864 units, boosted by higher volumes from OEMs.

For the half year ended September 30, 2025, GPPL's revenue from operations increased by 16% to INR 5,498m, and Net Profit grew by 32% to INR 2,584m. The company is set to discuss these results further in an analyst/investor webinar on November 6, 2025.