Gujarat Pipavav Port reports decline 12.8% YoY in container volumes to 177,000 TEUs in Q3 FY25 business update

Gujarat Pipavav Port Limited (GPPL) has released its operational data for Q3 FY25, showing mixed performance across various cargo categories.

Key Highlights for Q3 FY25:

1. Container Volumes:
   • Handled 177,000 TEUs, a decrease from 203,000 TEUs in Q3 FY24 and 179,000 TEUs in Q2 FY25.
   • Year-to-date (YTD) figures for FY25 stand at 522,000 TEUs, down from 619,000 TEUs in YTD FY24.
2. Dry Bulk Cargo:
   • Managed 0.72 million MT in Q3 FY25, slightly down from 0.75 million MT in Q3 FY24 but an improvement from 0.46 million MT in Q2 FY25.
   • YTD FY25 volumes reached 1.74 million MT, compared to 2.20 million MT in YTD FY24.
3. Liquid Cargo:
   • Recorded 0.39 million MT in Q3 FY25, a notable growth from 0.32 million MT in Q3 FY24 and 0.33 million MT in Q2 FY25.
   • YTD FY25 volumes increased to 1.06 million MT from 0.89 million MT in YTD FY24.
4. Ro-Ro Units:
   • Achieved significant growth with 44,000 units in Q3 FY25, compared to 29,000 units in Q3 FY24 and 33,000 units in Q2 FY25.
   • YTD FY25 Ro-Ro units rose to 116,000, a sharp increase from 62,000 units in YTD FY24.
5. Container Trains and Train TEUs:
   • 496 container trains were handled, down from 589 in Q3 FY24 and 515 in Q2 FY25.
   • Trains handled 112,000 TEUs in Q3 FY25, a decline from 135,000 TEUs in Q3 FY24 and 118,000 TEUs in Q2 FY25.