Gujarat Pipavav Post Ltd’s net profit slips 7% to Rs 47 cr for Q4FY20

New Delhi: Gujarat Pipavav Post Ltd’s net profit slipped about 7 percent to Rs 47.2 crore for the fourth ended 31 March 2020 as against Rs 50.6 crore in the same quarter of the previous fiscal.

The revenue from operation of the company fell about 10 percent to Rs 151 crore for the fourth quarter ended 31 March 2020 as compared to Rs 167.2 crore in the same quarter of the previous fiscal.

The total expenses of the company I the fourth quarter ended 31 march 2020 stood at Rs 61.5 crore while the EBITDA stood at 100.4 crore. 

For the entire fiscal 2019-20, the net profit jumped 42 percent Rs 291.1 crore as against a net profit of Rs 205.1 crore in the previous fiscal.

For the entire fiscal 2019-20, the revenues from operations of the company went up by 4 percent to Rs 686.3 crore as against Rs 658.1 crore in the previous fiscal, the company said in a regulatory filing.

 

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