Gujarat Pipavav Port Reports Over 113% Profit Surge in Q2 FY26, Announces Interim Dividend

Gujarat Pipavav Port Ltd (APM Terminals Pipavav) reported a substantial financial performance for the July–September quarter of FY26. Net profit surged by an impressive 113% year-on-year to ₹160.7 crore, significantly outpacing the ₹75.4 crore reported in the same period last year. Revenue also saw robust growth, climbing 32% to ₹299.3 crore from ₹227 crore, driven by increased cargo volumes and enhanced logistics throughput. Operational efficiency was evident in the 34.2% rise in EBITDA to ₹178 crore, with the EBITDA margin slightly expanding to 59.4% from 58.3%, reflecting effective cost management.

This strong performance contrasts with the softer results of the June quarter of FY26, where net profit declined by 4.8%. The company's Board of Directors also approved an interim dividend of ₹5.40 per share for FY26, with the record date set for November 12, 2025, and payment scheduled by November 25, 2025.

Impact: This strong earnings report and dividend announcement are highly positive indicators for Gujarat Pipavav Port Ltd and its investors. The substantial profit growth and revenue increase demonstrate operational strength and recovery, likely bolstering investor confidence and potentially leading to an upward revision in the stock's valuation. The dividend payout reinforces shareholder value and signals financial stability. Rating: 8/10

Definitions: * **EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)**: A measure of a company's overall financial performance. It is calculated by taking net income and adding back interest, taxes, depreciation, and amortization. It represents the profit generated from a company's core business operations before accounting for financing costs and non-cash charges. * **EBITDA Margin**: This is a profitability ratio calculated by dividing EBITDA by revenue and multiplying by 100. It indicates how much profit a company makes from its operations for every dollar of revenue earned, showing the efficiency of the company's operations.