| Consolidated Q4FY22 performance vs. Q4FY21 and FY22 vs FY21: |
| Revenue from operations at INR 2,207 million, is higher by 14% as compared to INR 1,934 million in Q4FY21 |
| EBITDA at INR 1,290 million; higher by 12% against INR 1,156 million in Q4FY21 |
| Net Profit at INR 724 million; higher by 11% against INR 654 million in Q4FY21 |
| Revenue from operations at INR 7,435 million, is higher by 1% as compared to INR 7,335 million in FY21 |
| EBITDA at INR 4,126 million; lower by 2% against INR 4,221 million in FY21 |
| Net Profit at INR 1,936 million; lower by 11% against INR 2,181 million in FY21 |
Yearly highlights:
- APM Terminals Pipavav became the first Indian port connected to the Dedicated Freight Corridor (DFC), country’s high-speed and high-capacity railway corridor dedicated exclusively for freight movement
- The port secured new services – PIC2, CI1, NMG and Jade Express expanding footprint in the global markets
- Loaded 241 LPG Rakes from the port
- Achieved productivity milestone in bulk operation by discharging the limestone vessel “MV EL Matador within 46 hours at the discharge rate of 31,263 MT per day.
- The port handled 77 export double stack trains originating from the North West hinterland of India in March 2022, which is the highest ever inward trains managed at the port in a month.
- The port handled the highest ever Bulk volume of 1.47 Million MT in Q-1 of 2022.
- The port is awarded ESG India Leadership Award 2021 for the Leadership in Community Support and Development
- Completed more than 1,000 days of safe operations at the port
Pipavav, India: APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of the leading gateway ports in Western India, announced the financial results for the fourth quarter ended March 31, 2022. The company reported a net profit of INR 724 million for Q4FY22 as against INR 654 million in Q4FY21. Revenue from operations for the quarter under consideration stood at INR 2,207 million as against INR 1,934 million in the corresponding period of last year. EBITDA for the quarter was at INR 1,290 million as against INR 1,156 million during the same quarter last year. EBIDTA margin stood at 58% in Q4FY22 as against 60% in Q4FY21.
For the full year, the Company reported net profit of INR 1,936 million compared to INR 2,181 million in the corresponding period of last year. Revenue from operations for the period grew 1% to INR 7,435 million. EBITDA was INR 4,126 million as against INR 4,221 million for the full year ended March 31, 2021. The container cargo business for the year stood at 628,000 TEUs, bulk business was 4.19mn MT and liquid business was 0.81mn MT. 23,874 cars were handled under RoRo category for the full year.
