GPPL

- Gujarat Pipavav Port Limited received a Comfort Letter from Gujarat Maritime Board (GMB) for processing its proposal for extension of the Concession Period. - The company is required to submit necessary documents within 90 days of the letter.

- Q1 FY27 Revenue ₹331.77Cr vs ₹250.13Cr (▲33% YoY) - EBITDA ₹213.98Cr vs ₹147.28Cr (▲45% YoY) - PAT ₹146.88Cr vs ₹100.73Cr (▲46% YoY) - EBITDA Margin 64% vs 59% (▲500bps)

- Q1 FY27 Consolidated Revenue ₹331.77 Cr vs ₹250.13 Cr (▲32.64% YoY) - EBITDA ₹215.18 Cr vs ₹151.48 Cr (▲42.05% YoY) - PAT ₹147.90 Cr vs ₹104.33 Cr (▲41.77% YoY) - EBITDA Margin 64.86% vs 60.56% (▲430bps) - Ms. Monica Widhani, Independent Director, ceased directorship after 5-year tenure; Mrs. Harjeet Kaur Joshi appointed as new Independent Director. - An ongoing arbitration case against the company, involving ₹10.73 Cr, received an interim stay by the High Court following a submitted bank guarantee of ₹60.14 Cr. - The Board approved a final settlement of ₹18.83 Cr with Gujarat Maritime Board for an expansion plan dispute.

- Gujarat Pipavav Port Limited has appointed Mr. Zeeshan Mukhi as the new Chief Commercial Officer (CCO). - He replaces Mr. Amit Bhardwaj, who resigned effective June 30, 2026. - Mr. Mukhi's appointment will be effective by mid-October 2026, bringing over 22 years of experience in container shipping and logistics.

- Gujarat Pipavav Port reported Q1 FY27 operational data (Apr-Jun 26 vs Apr-Jun 25). Containers handled increased marginally by 1.8% YoY to 168k TEUs. - However, dry bulk cargo decreased by 5.5% YoY to 0.52 Mn MT. Liquid cargo saw a significant decline of 42.1% YoY to 0.22 Mn MT. - Ro-Ro units were down 3% YoY to 65k units, and container trains handled decreased by 13.7% YoY.

- Gujarat Pipavav Port Limited's Board approved the appointment of Mrs. Harjeet Kaur Joshi as a Non-Executive Independent Director for five years, effective 1st July 2026, subject to shareholder approval. She was also appointed as a Member of the Audit Committee.

- Trading window closed from July 1, 2026, to August 14, 2026. - Closure is for the unaudited financial results for the quarter ended June 30, 2026.