Gujarat Pipavav Port Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Gujarat Pipavav Port Limited reported strong full-year results for FY2026. Revenue from operations grew 17.5% to ₹11,584 million from ₹9,860 million in the prior year. Profit after tax (PAT) jumped 25.3% to ₹5,004 million from ₹3,992 million, exceeding ₹5 billion for the first time. EPS improved to ₹10.35 per share from ₹8.26. The Board has recommended a final dividend of ₹5 per share. The auditors issued an unmodified (clean) opinion. An exceptional item of ₹188.31 million was recognized due to a proposed settlement with Gujarat Maritime Board (GMB) regarding an old bank guarantee dispute, pending GMB board approval. Another ₹43.29 million exceptional charge related to new labour codes. The company also received SEIS scrips worth ₹495.62 million as adjusting events.
The company delivered robust 25%+ PAT growth and clean audit opinion. The GMB settlement removes regulatory uncertainty though it resulted in a one-time charge. The dividend of ₹5/share signals confidence, but the exceptional items in Q4 will partially offset the strong underlying earnings.