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Gujarat Pipavav Port Reports 17 Percent Rise in Q2 Container Volumes
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CNBC TV18•07-10-2026, 18:08
Gujarat Pipavav Port Reports 17 Percent Rise in Q2 Container Volumes
- •Gujarat Pipavav Port handled 1.92 lakh TEUs of container cargo in the second quarter, marking a 17 percent increase from 1.64 lakh TEUs in the previous year.
- •Dry bulk cargo volume declined to 0.94 million metric tonnes, while liquid cargo volume dropped to 0.32 MMT due to lower mineral, LPG, and fuel oil imports.
- •Roll-on/roll-off exports saw an increase during the quarter, driven by higher volumes from major automobile manufacturers.
- •The company previously posted a 41.8 percent year-on-year rise in net profit for the June quarter, reaching 147.9 crore rupees.
- •Shares of Gujarat Pipavav Port closed 3.08 percent higher at 173.39 rupees following the business update.
Key Questions Answered
Gujarat Pipavav Port handled 1.92 lakh twenty-foot equivalent units (TEUs) of container cargo in the second quarter, representing a 17% increase from 1.64 lakh TEUs in the year-ago period.
Dry bulk cargo volume stood at 0.94 million metric tonnes (MMT) compared to 1.05 MMT a year earlier due to lower mineral imports, while liquid cargo volume fell to 0.32 MMT from 0.38 MMT due to lower imports of LPG and fuel oil.
Roll-on/roll-off (RoRo) exports increased during the quarter, driven by higher volumes coming from automobile manufacturers.
