Gujarat Pipavav Port, ports and terminals company, witnessed a fall in share price on Friday after it disclosed a decline in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 0.14% to Rs 804.18 million from Rs 805.30 million in the same quarter previous year.
Revenues for the quarter rose 9.72% to Rs 1,846.34 million, compared with Rs 1,683 million for the prior year period.
Shares of Gujarat Pipavav Port are trading at Rs 226, down Rs 6.15, or 2.65% at the Bombay Stock Exchange (BSE) on Friday at 9:46 a.m.
The scrip has touched an intra-day high of Rs 228 and low of Rs 215. The total volume of shares traded at the BSE is 32,276.