Gujarat Pipavav Port Q2 Results Live: Profit Falls by 18.19% YoY
Live MintGujarat Pipavav Port Q2 Results Live : Gujarat Pipavav Port has announced its Q2 results on November 6, 2024, revealing a concerning decline in financial performance. The company reported a decrease in topline revenue by 10.12% year-over-year, alongside an 18.19% drop in profit compared to the same quarter last year. This decline in EPS further underscores the challenges faced by Gujarat Pipavav Port in delivering shareholder value. Gujarat Pipavav Port Financials Period Q2 Q1 Q-o-Q Growth Q2 Y-o-Y Growth Total Revenue 227.04 245.98 -7.7% 252.61 -10.12% Selling/ General/ Admin Expenses Total 21.21 20.77 +2.14% 19.85 +6.84% Depreciation/ Amortization 29.14 29.05 +0.28% 28.79 +1.18% Total Operating Expense 123.61 125.49 -1.5% 127.2 -2.82% Operating Income 103.43 120.48 -14.15% 125.41 -17.52% Net Income Before Taxes 126.42 143.79 -12.08% 145.65 -13.2% Net Income 75.49 109.67 -31.17% 92.28 -18.19% Diluted Normalized EPS 1.56 2.27 -31.28% 1.86 -16.28%