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APM Terminals Pipavav (Gujarat Pipavav Port Ltd) standalone financial performance for the quarter ended June 30, 2017

by Maritimegateway
August 10, 2017
in News
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Q1FY18 performance vs. Q1FY17
• Total income at INR 1,691 million vs. INR 1,672 million
• EBITDA at INR 1,037 million vs. INR 1,002 million
• EBITDA margin at 61% vs. 60%
• Net Profit at INR  557 million vs. INR 598 million

APM Terminals Pipavav (Gujarat Pipavav Port Ltd), today announced the standalone financial results for the first quarter ended June 30, 2017.
The company reported a net profit of INR 557 million for Q1FY18 as against INR 598 million in Q1FY17. Income from operations for the quarter under consideration stood at INR 1,691 million as against INR 1,672 million in Q1FY17.

EBIDTA for the quarter was at INR 1,037 million as against INR 1,002 million during the same quarter last year. EBIDTA margin stood at 61% in Q1FY18 as against 60% in Q1FY17

The Container cargo business for the quarter stood at appx. 165k TEUs, Bulk business was at 505k MT and Liquid business was at appx. 213k MT. RoRo business handled appx. 26k cars for the quarter under review.

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Maritimegateway

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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