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.

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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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