Gujarat Pipavav Port Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Gujarat Pipavav Port (NSE:GPPL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹10.6b (up 15% from FY 2023).
• Net income: ₹3.42b (up 9.2% from FY 2023).
• Profit margin: 32% (down from 34% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: ₹7.07 (up from ₹6.48 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gujarat Pipavav Port Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 8.4%.

Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Infrastructure industry in Asia.

Performance of the market in India.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Gujarat Pipavav Port that you should be aware of.

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