Gujarat Pipavav Q3 profit jumps 33% on better volumes, realisations
Gujarat Pipavav’s Q4 results surprised positively with revenues jumping 30 per cent sequentially while growth rose 2 per cent on a year on year basis. Margins too improved substantially to 47.8 per cent post dismal margins of 33.8 per cent in Q3 CY12. Prakash Tulsiani, managing director of Gujarat Pipavav Port, told NDTV that profits for the quarter jumped 33 per cent year on year on account of better volumes, increased realisation
