Thursday, November 1, 2018

APM Terminals Pipavav (Gujarat Pipavav Port Ltd) declared the independent monetary outcomes for the second quarter finished September 30, 2018

Q2FY19 execution versus Q2FY18

• Revenue from activities at 1,711 million versus INR 1,517 million

• EBITDA at 975 million versus INR 828 million

• EBITDA edge at 57% versus 55%

• Net Profit at INR 552 million versus INR 442 million.

MUMBAI: APM Terminals Pipavav (Gujarat Pipavav Port Ltd) declared the independent monetary outcomes for the second quarter finished September 30, 2018.
APM Terminals Pipavav (Gujarat Pipavav Port Ltd) declared the independent monetary outcomes for the second quarter finished September 30, 2018


The organization revealed a net benefit of INR 552 million for Q2FY19 as against INR 442 million in Q2FY18. Income from tasks for the quarter under thought remained at INR 1,711 million as against INR 1,517 million in Q2FY18.

EBIDTA for the quarter was at INR 975 million as against INR 828 million amid a similar quarter a year ago. EBIDTA edge remained at 57% in Q2FY19 as against 55% in Q2FY18.

The Container load business for the quarter remained at appx. 238 k TEUs, Bulk business was at 532 k MT and Liquid business was at appx. 93 k MT. RoRo business took care of appx. 22 k autos for the quarter under survey.

Remarking on the outcomes, APM Terminals Pipavav, Managing Director, Mr. Keld Pedersen stated, "The organization has enrolled YoY development in benefit by 25% and EBITDA by 18% on the back of increment in Container volume by 49%; or, in other words the 14% development on the West Coast Ports. Our emphasis stays on offering some benefit added administrations to our clients and we thank every last one of them for representing their trust in us. We are satisfied to report a between time profit of Rs.1.70/ - per share".

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