Gujarat Pipavav Port Ltd reported mixed operational results for the third quarter of FY26, with container volumes experiencing a marginal decline while other cargo segments demonstrated strong growth. The private sector port operator informed exchanges on January 8, 2025, about its operational performance for the quarter and nine months ended December 2025.

Container Operations Show Marginal Decline

The port's container handling operations faced headwinds during the quarter, with volumes declining to 174,000 TEUs from 177,000 TEUs in the corresponding quarter of the previous year. This represents a 1.7% year-on-year decrease in container throughput. Container train operations during the quarter reached 438 trains, supporting the port's multimodal connectivity infrastructure.

Strong Performance in Bulk and Specialized Cargo

Despite the container segment challenges, other cargo categories delivered impressive growth numbers during Q3 FY26:

The roll-on/roll-off segment emerged as a standout performer, with traffic surging by 40.9% year-on-year. This growth reflects the increasing demand for automotive and heavy machinery transportation through the port.

Nine-Month Performance Highlights

On a cumulative basis for the nine months ended December 2025, Gujarat Pipavav Port demonstrated robust operational performance across multiple segments:

These figures reflect strong year-to-date performance compared to the corresponding period last year, showcasing the port's ability to maintain growth momentum despite quarterly fluctuations in specific segments.

Strategic Investment Initiative

In October 2025, the company strengthened its growth prospects by signing a Memorandum of Understanding with the Gujarat Maritime Board. This strategic partnership involves proposed investments worth ₹17,000 crore, positioning the port for significant capacity expansion and infrastructure development in the coming years.

Market Performance

Shares of Gujarat Pipavav Port were trading at ₹186.64 apiece as of 12:52 pm, representing a 1.29% decline from the day's opening price. The mixed operational results and strategic investment announcements continue to influence investor sentiment regarding the company's near-term prospects.

Gujarat Pipavav Port has released its cargo handling volumes for the third quarter of FY26, showcasing operational performance across its key cargo segments. The port facility demonstrated diversified cargo handling capabilities during the reporting period.

Q3 FY26 Cargo Handling Performance

The port's quarterly performance across different cargo categories is detailed below:

The container handling segment processed 174,000 twenty-foot equivalent units (TEUs) during Q3 FY26, representing the port's containerized cargo operations. This segment forms a significant component of the port's overall cargo mix.

Dry Bulk and Liquid Cargo Operations

The port handled 0.87 million metric tonnes of dry bulk cargo during the quarter, demonstrating its capability to manage bulk commodities. Additionally, liquid cargo operations processed 0.40 million metric tonnes, showcasing the port's diversified handling infrastructure across different cargo types.

Year-to-Date Container Performance

The cumulative container handling performance for the current fiscal year shows consistent operational activity:

The year-to-date container handling volume of 502,000 TEUs represents the cumulative performance across the first three quarters of FY26. This indicates sustained operational throughput in the port's container handling segment throughout the fiscal year period.