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Gujarat Pipavav Port Ltd released its quarterly financial results on Thursday after market hours, reporting a decline in both profit and revenue for the third quarter of FY 2025.
Key Financial Highlights (Q3 FY25 vs. Q3 FY24)
| Metric | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Net Profit | ₹99.4 Cr | ₹116 Cr | -14% |
| Total Revenue | ₹262.9 Cr | ₹269.6 Cr | -2.5% |
Decline in Profit & Revenue
- The company's net profit fell by 14% YoY, dropping to ₹99.4 crore from ₹116 crore in the same quarter last year.
- Total revenue also saw a slight decline, reducing from ₹269.6 crore to ₹262.9 crore YoY.
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