Financially strong Q2 FY26 for the port operator. Revenue rose 31.9% year-on-year to ₹299.35 crore from ₹227.04 crore.
To further improve the port’s roll-on/roll-off (RoRo) capabilities, Gujarat Pipavav Port and NYK India have announced a non-binding memorandum of understanding (MoU).
By building cutting-edge RoRo infrastructure at Pipavav, the alliance hopes to support India’s expanding automotive export ecosystem, which includes electric automobiles. In order to serve the growing rail-linked automobile freight traffic, the two firms will collaborate to build facilities that can handle up to 500,000 cars annually, shorten dwell times, and enhance vessel-rail integration.
The project is in line with Pipavav Port’s plan to establish itself as a major hub for automotive logistics on the west coast of India. The all-weather, multi-cargo facility, operated by Gujarat Pipavav Port, provides crucial access for northern and northwest Indian cargo, linking it to major international shipping routes.
In Q2 FY26, the port operator performed well financially. Compared to ₹227.04 crore in the same quarter previous year, revenue increased 31.9 percent year over year to ₹299.35 crore. Revenue rose 19.5 percent sequentially from ₹250.45 crore in the first quarter of FY26. The adjusted profit after tax increased by 23.1 percent from the previous quarter’s ₹104.33 crore to ₹128.44 crore, a 70.1 percent YoY increase.
SOURCE – MARITIME GATEWAY
