Gujarat Pipavav Port reported a consolidated net profit of Rs 152.69 crore for Q2 FY27. The board declared an interim dividend of Rs 3 per share with a record date of November 12, 2026. Revenue from operations showed a year-over-year increase, reaching Rs 339.15 crore.
Gujarat Pipavav Port Q2 Results and Dividend
Gujarat Pipavav Port reported a consolidated net profit of Rs 152.69 crore for the quarter ended September 30, 2026.
Revenue from operations reached Rs 339.15 crore for the same period.
Reader Takeaway: Steady revenue growth supports a Rs 3 interim dividend, while ongoing legal disputes remain key monitoring points.
What just happened
Gujarat Pipavav Port has released its financial results for Q2 FY27 and announced an interim dividend of Rs 3.00 per equity share. The dividend has a face value of Rs 10 per share. The company has fixed Thursday, November 12, 2026, as the record date to determine shareholder eligibility. The payout is scheduled to be completed by November 25, 2026.
Financial performance
The company's revenue from operations grew to Rs 339.15 crore compared to Rs 299.15 crore in the corresponding quarter of the previous year. While the quarterly profit improved sequentially from Rs 147.90 crore in Q1 FY27, it saw a slight decline compared to the Rs 160.73 crore reported in Q2 FY26. Earnings per share for the quarter stood at Rs 3.16.
Operational and regulatory updates
The statutory auditors have issued an unmodified limited review report. The company continues to navigate ongoing legal proceedings, specifically an arbitration matter regarding rail connectivity and a commercial dispute with the Gujarat Maritime Board (GMB). Additionally, the results reflect the recognition of Service Exports from India Scheme (SEIS) duty credit scrips approved during the quarter.
What to track next
Investors should monitor the resolution of the GMB dispute and the rail connectivity arbitration, as these remain critical to the company's long-term contingent liabilities and cash position.