According to the shipping company, its operating revenue for the first quarter of the fiscal year that ended in June was Rs 214.91 crore as opposed to Rs 206.55 crore in the same period last year.
APM Terminals Pipavav on Wednesday reported a 14 percent growth in consolidated net profit to Rs 67.82 crore for the June quarter.
The company had posted a consolidated net profit of Rs 59.33 crore in the year-ago period, APM Terminals Pipavav, earlier known as Gujarat Pipavav Port Ltd, said in a statement.
Revenue from operations for the first quarter of the ongoing fiscal was Rs 214.91 crore as against Rs 206.55 crore a year ago, it said.
The private port operator reported that EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for the June quarter was Rs 105.84 crore as opposed to Rs 111.64 crore a year ago.
During the quarter, the volume of containers increased by 7% to 1,99,000 Twenty-Foot Equivalent Units (TEUs), while the amount of dry bulk decreased by 28% to 0.67 million MT.
According to APM Terminals Pipavav, the volume of liquids increased by 29% to 0.26 million MT in the quarter under review, while the amount of roll-on-roll-off (Ro-Ro) cargo increased by 118% to 14,000 units from 6,000 units a year earlier.
Additionally, compared to 473 a year ago, the port handled 10.06 percent more container trains, totaling 523 during the quarter.
During the quarter, the volume of containers increased by 7% to 1,99,000 Twenty-Foot Equivalent Units (TEUs), while the amount of dry bulk decreased by 28% to 0.67 million MT.
According to APM Terminals Pipavav, the volume of liquids increased by 29% to 0.26 million MT in the quarter under review, while the amount of roll-on-roll-off (Ro-Ro) cargo increased by 118% to 14,000 units from 6,000 units a year earlier.
Additionally, compared to 473 a year ago, the port handled 10.06 percent more container trains, totaling 523 during the quarter.
