Gujarat Pipavav Port Ltd reported net sales of Rs 1562.05 million for the quarter, a 25.50% increase from the same period last year, while net profit grew 72.50% to Rs 610.22 million. The company's net profit margin improved to 39.07% from 28.42% the previous year. Earnings per share for the quarter was Rs 1.26, up from Rs 0.73 in the same quarter last year. The stock price closed at Rs 112.60, down 0.79% from the previous close with trading volume of 34629 shares on BSE and 132291 shares on NSE.
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1. Gujarat Pipavav Net shoots 72.5% in MQ
Gujarat Pipavav Port Ltd | Quarterly Result ason 31-Mar-2014 | 23-Jun-2014
For the period, the Gujarat PipavavPort Ltd reported Net Sales of Rs 1562.05 million and Net Profit of Rs 610.22 million. While Net Sales rose
by25.50%, Net Profit grown by72.50%and therebyNPMimproved to 39.07%as compared to 28.42%during same period previous FY. Equity
Capital for the period under consideration stands at Rs 4834.40 million. EPSas on 31-Mar-2014 stands at Rs 1.26 viz-a-vizRs 0.73 as on 31-
Mar-2013.
The stock of the Gujarat Pipavav Port Ltd at BSE opened at 114.05 touched a high 115.35 and low 112.00 before closing at 112.60 losing
0.79%over previous close. The trading volume for the stock at BSEstood at 34629 shares and at NSEstood at 132291 shares.
BSE NSE
The S&PBSESensexclosed todayat 25031.32 (0.30%loss) and CNXNiftyclosed at 7493.35 (0.24%loss).
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