Shares of Gujarat Pipavav Port Ltd (APM Terminals Pipavav) soared 8.42% to Rs 176.49 in Thursday’s trade after the company reported stellar financial results for the July–September quarter (Q2 FY26). The strong performance was driven by robust cargo volumes, improved logistics throughput, and enhanced cost efficiencies.
Q2 FY26 performance highlights
The port operator’s net profit jumped 113% YoY to Rs 160.7 crore, compared with Rs 75.4 crore in the corresponding period last year, reflecting significant operational gains.
Revenue from operations climbed 32% YoY to Rs 299.3 crore from Rs 227 crore, supported by growth across container, bulk, and liquid cargo segments.
Operationally, EBITDA rose 34.2% YoY to Rs 178 crore, up from Rs 132.4 crore in Q2 FY25. The EBITDA margin improved slightly to 59.4%, compared to 58.3% a year ago, showcasing continued focus on cost discipline and efficiency improvements.
Dividend announcement
The company’s Board of Directors declared an interim dividend of Rs 5.40 per share for FY26, subject to applicable taxes. The record date for determining eligible shareholders is November 12, 2025, and the dividend payment is scheduled on or before November 25, 2025.
Sequential comparison
In the previous quarter (Q1 FY26), Gujarat Pipavav Port had reported a 4.8% YoY decline in profit to Rs 104.3 crore, with revenue growth remaining muted at 1.8% to Rs 250.4 crore. The latest quarter, however, marked a sharp turnaround, as cargo volumes improved and cost controls yielded better margins.
Stock market reaction
Following the earnings release, the stock surged to an intraday high of Rs 178.50, with trading volume exceeding 1.7 million shares on the NSE. The company’s market capitalization stood at Rs 8,572 crore, and it is among the top gainers on the exchange today.
At current levels, Gujarat Pipavav Port shares have gained over 40% in the past six months, reflecting investor optimism around India’s port and logistics sector recovery.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Would you like me to prepare a Google Discover–optimized headline and metadata (title + meta description + keywords) for this next?
