GPL FY26 Profit Up 25%+; Recommends ₹5 Final Dividend
Gujarat Pipavav Port Ltd (GPL) has released its Annual Report for FY25-26, announcing a standalone net profit increase of over 25% to ₹5,004.77 million. This growth was driven by a better cargo mix and expansion in Dry Bulk, Liquid, and RoRo businesses, partially offsetting container segment challenges due to geopolitical disruptions. The company is recommending a final dividend of ₹5.00 per share, bringing the total payout for FY26 to ₹10.40 per share, the highest ever. Initiatives include a new liquid berth (USD 90 million capex, completion by Dec 2026) and an agreement with ONGC for an offshore supply base. GPL was also ranked 28th globally in the World Bank's Container Port Performance Index.
Key Highlights
- FY26 standalone net profit surged over 25% to ₹5,004.77 million.
- Recommends ₹5.00 final dividend, total FY26 payout ₹10.40/share.
- New liquid berth with USD 90M capex to boost capacity by Dec 2026.
- Secured ONGC agreement for offshore supply base at the port.
- Ranked 28th globally in World Bank's Container Port Performance Index.
Price Impact
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