Gujarat Pipavav Port sees mixed cargo performance in Q3 FY26

Gujarat Pipavav Port Ltd (GPPL) reported a marginal decline in container throughput during the third quarter of FY26, while registering strong growth across dry bulk and Ro-Ro segments.

The private port handled 174,000 TEUs in Q3 FY26, down 1.7 per cent year-on-year from 177,000 TEUs recorded in the corresponding quarter last year, according to the company’s operational update filed with stock exchanges on January 8.

Dry bulk volumes posted a robust rise, increasing to 0.87 million tonnes compared with 0.72 million tonnes in Q3 FY25, marking a 20.8 per cent growth. Liquid cargo volumes edged up marginally to 0.40 million tonnes, against 0.39 million tonnes a year earlier.

The port witnessed notable expansion in roll-on/roll-off (Ro-Ro) traffic, with volumes climbing to 62,000 units from 44,000 units last year. Container rail connectivity also remained strong, with 438 container trains operated during the quarter.

For the April–December 2025 period, GPPL handled 502,000 TEUs of containers, 2.45 million tonnes of dry bulk, 1.20 million tonnes of liquid cargo, and 161,000 Ro-Ro units, reflecting a healthy year-to-date performance compared with the same period last year.

In a key development, the company signed a Memorandum of Understanding with the Gujarat Maritime Board in October 2025 for proposed investments of ₹17,000 crore, aimed at expanding port capacity and infrastructure.