Gujarat Pipavav Port reported a 27% rise in consolidated net profit for the fourth quarter of FY26, supported by strong growth in automobile cargo movement and higher operating revenue.
Gujarat Pipavav Port Ltd, which operates a port in Amreli district of Gujarat, reported a 27% jump in consolidated net profit for the fourth quarter of FY26, aided by a sharp surge in automobile cargo movement and higher operating revenue, even as container traffic remained subdued.The port operator posted a consolidated net profit of ₹142 crore for the January-March quarter, while revenue from operations rose 26% year-on-year to ₹317 crore. For the full year FY26, the company reported a 30% rise in consolidated net profit at Rs 515 crore, with revenue from operations increasing 17% to ₹1,158 crore. The RoRo (roll-on/roll-off) segment emerged as the biggest growth engine for the port during the year, reflecting strong automobile exports and domestic vehicle movement. RoRo cargo volumes jumped nearly 40% year over year to 67,000 units in the fourth quarter.RoRo cargo drives growth while container traffic weakensFor the full year, Gujarat Pipavav Port handled 2.29 lakh RoRo units, marking a 40% increase over FY25. In contrast, container cargo volumes remained under pressure amid softer trade volumes. The port handled 1.65 lakh TEUs of container cargo in Q4 FY26, down around 4% year on year. Annual container traffic also declined 3.7% to 6.68 lakh TEUs. Rail-linked container movement remained weak, with the number of container trains falling 10% during the year and rail-handled container volumes declining around 5%.Dry bulk and liquid cargo business show resilienceThe dry bulk business, however, witnessed strong momentum during the year. While dry bulk cargo volumes dipped 2% in the March quarter, annual volumes rose sharply by 31% to 2.9 million tonnes. Liquid cargo volumes declined 5% during the quarter but increased 9% year-on-year to 1.59 million tonnes for FY26.The company’s board has proposed a final dividend of ₹5 per equity share for FY26, subject to shareholder approval.Published on May 28, 2026
