APM Ter­mi­nals Pi­pavav an­nounces Q2FY19

Maritime Gateway - - News -

APM Ter­mi­nals Pi­pavav an­nounced the stand­alone fi­nan­cial re­sults for the sec­ond quar­ter ended Sep­tem­ber 30, 2018. The com­pany re­ported a net profit of `552 mil­lion for Q2FY19 as against

`442 mil­lion in Q2FY18. Rev­enue from op­er­a­tions for the quar­ter un­der con­sid­er­a­tion stood at `1,711 mil­lion as against `1,517 mil­lion in Q2FY18. EBIDTA for the quar­ter was at `975 mil­lion as against `828 mil­lion dur­ing the same quar­ter last year. EBIDTA mar­gin stood at 57 per cent in Q2FY19 as against 55per cent in Q2FY18. The Con­tainer cargo busi­ness for the quar­ter stood at appx. 238 k teus, bulk busi­ness was at 532 k MT and liq­uid busi­ness was at ap­prox. 93 k MT. Roro busi­ness han­dled appx. 22 k cars for the quar­ter un­der re­view.

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