Gujarat Pipavav Port Ltd, which operates a port in Amreli district of Gujarat, reported a 27% jump in consolidated net profit for the fourth quarter of FY26, aided by a sharp surge in automobile cargo movement and higher operating revenue, even as container traffic remained subdued.
The port operator posted a consolidated net profit of ₹142 crore for the January-March quarter, while revenue from operations rose 26% year-on-year to ₹317 crore. For the full year FY26, the company reported a 30% rise in consolidated net profit at Rs 515 crore, with revenue from operations increasing 17% to ₹1,158 crore. The RoRo (roll-on/roll-off) segment emerged as the biggest growth engine for the port during the year, reflecting strong automobile exports and domestic vehicle movement. RoRo cargo volumes jumped nearly 40% year over year to 67,000 units in the fourth quarter.
RoRo cargo drives growth while container traffic weakens
For the full year, Gujarat Pipavav Port handled 2.29 lakh RoRo units, marking a 40% increase over FY25. In contrast, container cargo volumes remained under pressure amid softer trade volumes. The port handled 1.65 lakh TEUs of container cargo in Q4 FY26, down around 4% year on year. Annual container traffic also declined 3.7% to 6.68 lakh TEUs. Rail-linked container movement remained weak, with the number of container trains falling 10% during the year and rail-handled container volumes declining around 5%.
Dry bulk and liquid cargo business show resilience
The dry bulk business, however, witnessed strong momentum during the year. While dry bulk cargo volumes dipped 2% in the March quarter, annual volumes rose sharply by 31% to 2.9 million tonnes. Liquid cargo volumes declined 5% during the quarter but increased 9% year-on-year to 1.59 million tonnes for FY26.
The company’s board has proposed a final dividend of ₹5 per equity share for FY26, subject to shareholder approval.
Published on May 28, 2026