Gujarat Pipavav Port declared their Q2 FY24 results on 08 Nov, 2023. The topline increased by 11.15% & the profit increased by 27.95% YoY. As compared to the previous quarter the revenue grew by 17.54% and the profit increased by 36.05%.
The Selling, general & administrative expenses declined by 0.4% q-o-q & increased by 3.29% Y-o-Y.
The operating income was up by 72.94% q-o-q & increased by 44.49% Y-o-Y.
The EPS is ₹1.86 for Q2 FY24 which increased by 18.57% Y-o-Y.
Gujarat Pipavav Port has delivered 10.17% return in the last 1 week, 13.69% return in last 6 months and 32.44% YTD return.
Currently the Gujarat Pipavav Port has a market cap of ₹6444.25 Cr and 52wk high/low of ₹142.8 & ₹85.25 respectively.
As of 10 Nov, 2023 out of 11 analysts covering the company, 1 analyst has given Sell rating, 3 analysts have given Hold rating, 4 analysts have given Buy rating &3 analysts have given Strong Buy rating.
The consensus recommendation as on 10 Nov, 2023 was to Buy.
The company has also declared interim dividend of ₹3.6. The record date for the dividend is 21 Nov, 2023 & the ex-dividend date will be 21 Nov, 2023.
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 252.61 | 214.92 | +17.54% | 227.26 | +11.15% |
| Selling/ General/ Admin Expenses Total | 19.85 | 19.93 | -0.4% | 19.22 | +3.29% |
| Depreciation/ Amortization | 28.79 | 28.7 | +0.34% | 28.94 | -0.5% |
| Total Operating Expense | 127.2 | 142.4 | -10.68% | 140.47 | -9.45% |
| Operating Income | 125.41 | 72.52 | +72.94% | 86.79 | +44.49% |
| Net Income Before Taxes | 145.65 | 90.51 | +60.92% | 96.65 | +50.69% |
| Net Income | 92.28 | 67.83 | +36.05% | 72.12 | +27.95% |
| Diluted Normalized EPS | 1.86 | 1.47 | +26.62% | 1.57 | +18.57% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹92.28Cr
Question : What is Q2 FY24 revenue?
Ans : ₹252.61Cr
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Updated: 10 Nov 2023, 03:42 AM IST