Gujarat Pipavav Port Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018 and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2018
May 17, 2018 at 05:33 am EDT
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Gujarat Pipavav Port Limited announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2018 and audited consolidated earnings results for the full year ended March 31, 2018. For the quarter, the company reported standalone revenue from operations was INR 1,654.85 million against revenue from operations of INR 1,745.71 million a year ago. Profit before tax was INR 744.12 million against INR 953.60 million a year ago. Net profit was INR 485.87 million against net profit of INR 661.95 million a year ago. Basic and diluted per share was INR 1.00 against basic and diluted per share of INR 1.37 a year ago.
For the full year, the company reported standalone revenue from operations were INR 6,489.00 million against revenue from operations of INR 6,831.04 million a year ago. Profit before tax was INR 3,072 million against INR 3,470 million a year ago. Net profit was INR 1,984.60 million against net profit of INR 2,499.12 million a year ago. Basic and diluted per share was INR 4.30 against basic and diluted per share of INR 5.17 a year ago.
For the full year, the company reported consolidated revenue from operations were INR 6,489.00 million against revenue from operations of INR 6,831.04 million a year ago. Profit before tax was INR 3,297.58 million against INR 3,793.50 million a year ago. Net profit was INR 2,210.15 million against net profit of INR 2,822.31 million a year ago. Basic and diluted per share was INR 4.57 against basic and diluted per share of INR 5.84 a year ago.
Gujarat Pipavav Port Limited is an India-based company that is primarily engaged in port networks. The Company operates through the Port Services segment, which primarily includes services, such as marine services, berth hire, wharfage, container handling, yard operations, stevedoring and the activities incidental thereto within India. It is engaged in constructing, operating, and maintaining an all-weather port at Pipavav. The Companyâs port is designed to handle bulk, container, liquid cargo and roll-on roll-off (RORO) and to provide port services, such as material handling and storage operations. Its tools include service locator, track and trace, terminal alerts, and data services and application programming interface (API) store. The Companyâs services include used port-equipment sales, low carbon logistics program, crane and engineering services, quay and marine, reefer services, stuffing and stripping, storage and warehousing, container services and repair, and gate services.
Gujarat Pipavav Port Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018 and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2018
GUJARAT PIPAVAV PORT LIMITED 
