Gujarat Pipavav Port Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 5.00 per equity share.
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Gujarat Pipavav Port Limited's Board has recommended a Final Dividend of Rs. 5 per equity share (face value Rs. 10) for FY2026, aggregating Rs. 2,417.20 million, subject to shareholder approval at the AGM on September 9, 2026. The company reported robust FY2026 results with total income of Rs. 12,354.85 million (up 15.6% YoY) and net profit of Rs. 5,003.55 million (up 25.4% YoY). Revenue from operations grew to Rs. 11,583.78 million from Rs. 9,860.43 million. EPS improved to Rs. 10.35 from Rs. 8.26. The company recognised an exceptional item of Rs. 188.31 million related to settlement with Gujarat Maritime Board for a bank guarantee dispute. Auditors issued an unmodified opinion on the financial statements.
The dividend of Rs. 5 per share represents a consistent payout reflecting strong cash generation. The 25% net profit growth and improved EPS are positive signals for shareholders, indicating healthy operational performance and profitability momentum at the port operator.