Gujarat Pipavav Port Reports Profit Growth Amid Challenges

Gujarat Pipavav Port makes 16% profit in the financial year 255 profit
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Gujarat Pipavav Port Ltd (APM Terminals Pipavav) reported a consolidated net profit of £3,969 million for the 2025 financial year, marking a 16% increase driven by rising fluid and RO-RO freight volumes. The port saw RO-RO unit volume from original equipment manufacturers (OEMs) surge by 71%, totaling 164,977 units, while LPG volumes rose to 1,469,504 tons, a 14% growth.

Despite this profitability, the company’s income of £9,876 million remained flat compared to the previous year, hindered by lower envelope and Exim volumes. Container throughput fell by 14.1%, with the port handling only 694,000 TEUs in 2025, down from 808,000 TEUs in 2024. A similar decline was observed in container trains, with only 1,961 completed, compared to 2,281 the prior year.

Additionally, dry bulk freight, particularly fertilizers and coal, faced challenges, with total dry mass freight declining by 18.45% to 2.21 million tons. Despite these setbacks, the board recommended a final dividend of £4.20 per share to equity shareholders. This marks a notable performance for Gujarat Pipavav Port in the maritime sector.

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