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APM Terminals Pipavav posts Rs 55.7 cr net profit for Q1FY18

Marine terminals major, APM Terminals Pipavav (Gujarat Pipavav Port Ltd),  has posted  standalone net profit of Rs 55.7 crore for the first quarter ended Financial Year 2018(Q1FY18) against the standalone net profit of Rs 59.8 crore recorded during Q1FY17. Standalone income from operations for the quarter under consideration stood at Rs 169.1 crore for the current quarter under review vis--vis Standalone income from operations of Rs 167.2 crore logged during year ago review quarter, says a release on 10th August.


Earnings Before Interests Depreciation Taxation Amortisation(EBIDTA) for the quarter was at INR 103.7 crore as against INR 100.2 crore during the same quarter last year. EBIDTA margin stood at 61% in Q1FY18 as against 60% in Q1FY17. The Container cargo business for the quarter stood at appx. 165k TEUs, Bulk business was at 505k MT and Liquid business was at appx.213k MT. RoRo business handled appx.26k cars for the quarter under review.


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