Gujarat Pipavav Port reported a 2.4% increase in container volumes to 1.68 lakh twenty-foot equivalent units (TEUs) in Q1 FY27, compared with 1.64 lakh TEUs in Q1 FY26, according to reports from Business Standard. This growth demonstrates steady performance in the port's core container business segment.
Dry bulk cargo volumes stood at 0.52 million metric tons (MT) in Q1 FY27, compared with 0.55 MT in Q1 FY26, as reported by Business Standard. Liquid cargo volumes declined significantly to 0.22 MT in Q1 FY27 from 0.41 MT a year ago. However, Ro-Ro volumes surged 54.8% to 65,000 units in Q1 FY27 from 42,000 units in Q1 FY26, indicating strong growth in this segment.
Container trains handled fell to 346 from 447 a year ago, while containers moved via trains declined to 88,000 TEUs from 99,000 TEUs, according to Business Standard. This reduction in rail operations contributed to the overall volume performance during the quarter.
The scrip rose 0.42% following the quarterly results announcement, according to latest market data. The positive market response reflects investor confidence in the port's operational performance and growth trajectory, with the stock showing resilience amid broader market weakness.
