Gujarat Pipavav Port Limited reported a standalone net profit of Rs 500.36 crore for the financial year ended March 31, 2026, rising 25.4 percent from Rs 399.16 crore in the previous year. Revenue from operations grew to Rs 1,158.38 crore from Rs 986.04 crore in FY25.
For the quarter ended March 31, 2026, GPPL posted a net profit of Rs 140.01 crore compared with Rs 109.04 crore in the same period a year ago. Revenue from operations for the fourth quarter stood at Rs 317.21 crore, up from Rs 251.60 crore in Q4 FY25.
The board recommended a final dividend of Rs 5.00 per equity share for FY26, subject to shareholder approval at the annual general meeting scheduled for September 9, 2026. Basic earnings per share for the year stood at Rs 10.35, compared with Rs 8.26 in the prior year.
GPPL recorded an exceptional loss of Rs 18.83 crore in the fourth quarter related to a proposed settlement with the Gujarat Maritime Board concerning invocation of a bank guarantee. The board has approved the settlement, which awaits clearance from the Gujarat Maritime Board.
Total income for the year, including other income of Rs 77.11 crore, amounted to Rs 1,235.49 crore. Total expenses for the year were Rs 582.94 crore.
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