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GPPL: Strong revenue and margin growth driven by liquid and Ro-Ro volumes despite container decline

GPPL: Strong revenue and margin growth driven by liquid and Ro-Ro volumes despite container decline

Gujarat Pipavav Port LimitedAugust 8, 20243
GPPL: Strong revenue and margin growth driven by liquid and Ro-Ro volumes despite container decline

About this update from Gujarat Pipavav Port Limited

Revenue grew 14% year-over-year, driven by strong liquid and Ro-Ro volumes, while EBITDA rose 41% and EBIT 56%. Container volumes fell 17% due to the Red Sea crisis and loss of a key service, but cargo mix and a one-off rebate reversal boosted margins and revenue.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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