Gujarat Pipavav Port Limited has informed the Exchange that Board of Directors at its meeting held on November 05, 2025, declared Interim Dividend of Rs. 5.40 per equity share.
GPPL · price
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The Board of Gujarat Pipavav Port Limited (GPPL) declared an interim dividend of Rs. 5.40 per equity share for FY 2025-26, amounting to about Rs. 261 crore in total payout. Record date is November 12, 2025, and payment is expected by November 25, 2025. This is higher than the final dividend of Rs. 4.20 per share paid in September 2025 for FY25. Along with the dividend, the Board approved Q2 FY26 standalone results showing strong growth: revenue from operations rose about 32% year-on-year to Rs. 299.35 crore, and net profit jumped roughly 73% to Rs. 158.31 crore (EPS of Rs. 3.27 vs Rs. 1.89). For H1 FY26, net profit stood at Rs. 259 crore on revenue of Rs. 550 crore. Results include a one-time exceptional gain of Rs. 43.14 crore during the quarter.
Shareholders on record as of November 12, 2025 will receive the interim dividend payout. The combination of a higher interim dividend versus the prior year's final dividend and a strong year-on-year profit jump is a positive signal for investors. However, two legal matters remain pending — a Gujarat Maritime Board dispute over a Rs. 18.5 crore bank guarantee plus Rs. 37 crore in additional claims, and an arbitration award of about Rs. 67 crore in an old customer dispute — which investors should keep in mind as overhangs.