Gujarat Pipavav Port Limited (NSE:GPPL)

Gujarat Pipavav Port Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	10,645	9,877	9,884	9,170	7,414	7,335
Other Revenue	40.91	40.91	53.12	49.27	21.73	-
Revenue	10,685	9,918	9,937	9,219	7,435	7,335
Revenue Growth (YoY)	6.94%	-0.20%	7.80%	23.98%	1.37%	-0.26%
Cost of Revenue	3,418	3,149	3,129	3,128	2,568	2,443
Gross Profit	7,268	6,768	6,808	6,091	4,867	4,891
Selling, General & Admin	17.34	17.34	23.12	11.2	8.58	18.16
Other Operating Expenses	958.87	897.84	953.96	963.96	694.89	550.62
Operating Expenses	2,196	2,086	2,134	2,144	1,999	1,917
Operating Income	5,072	4,682	4,674	3,947	2,868	2,974
Interest Expense	-60.09	-59.59	-89.66	-75.64	-43.46	-58.98
Interest & Investment Income	716.39	716.39	647.01	406.32	210.56	286.72
Earnings From Equity Investments	209.92	166.9	94.82	213.62	40.92	73.55
Currency Exchange Gain (Loss)	-34.29	-34.29	-38.65	-32.91	-30.9	-52.95
Other Non Operating Income (Expenses)	28.08	54.06	45.3	50.5	71.11	74
EBT Excluding Unusual Items	5,932	5,526	5,333	4,508	3,116	3,297
Gain (Loss) on Sale of Assets	-2.11	-2.11	-1.23	-4.55	-4.17	4.47
Other Unusual Items	431.35	-	-536.78	-371.67	-46.09	-
Pretax Income	6,361	5,524	4,795	4,132	3,066	3,301
Income Tax Expense	1,593	1,555	1,375	1,001	1,093	1,082
Net Income	4,768	3,969	3,420	3,131	1,973	2,220
Net Income to Common	4,768	3,969	3,420	3,131	1,973	2,220
Net Income Growth	29.89%	16.05%	9.22%	58.69%	-11.09%	-30.52%
Shares Outstanding (Basic)	484	483	483	483	483	483
Shares Outstanding (Diluted)	484	483	483	483	483	483
Shares Change (YoY)	0.05%	-	-	-	-	-
EPS (Basic)	9.86	8.21	7.07	6.48	4.08	4.59
EPS (Diluted)	9.86	8.21	7.07	6.48	4.08	4.59
EPS Growth	29.90%	16.12%	9.15%	58.76%	-11.11%	-30.54%
Free Cash Flow	2,585	3,507	4,175	3,123	3,292	3,424
Free Cash Flow Per Share	5.35	7.25	8.64	6.46	6.81	7.08
Dividend Per Share	9.600	8.200	7.300	6.100	4.000	4.500
Dividend Growth	24.68%	12.33%	19.67%	52.50%	-11.11%	-19.64%
Gross Margin	68.02%	68.25%	68.51%	66.07%	65.46%	66.69%
Operating Margin	47.47%	47.21%	47.03%	42.81%	38.57%	40.55%
Profit Margin	44.62%	40.02%	34.41%	33.97%	26.54%	30.26%
Free Cash Flow Margin	24.19%	35.36%	42.02%	33.88%	44.27%	46.68%
EBITDA	6,054	5,615	5,578	4,889	3,939	4,088
EBITDA Margin	56.66%	56.62%	56.14%	53.03%	52.98%	55.73%
D&A For EBITDA	981.82	932.69	904.44	941.95	1,071	1,113
EBIT	5,072	4,682	4,674	3,947	2,868	2,974
EBIT Margin	47.47%	47.21%	47.03%	42.81%	38.57%	40.55%
Effective Tax Rate	25.05%	28.15%	28.67%	24.22%	35.64%	32.77%
Revenue as Reported	11,429	10,687	10,633	9,680	7,721	7,739
Advertising Expenses	-	15.87	22.33	11.09	7.49	5.24

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.