Unaudited Standalone and Consolidated Financial Results along with Unmodified Limited Review Report by Statutory Auditors for the Quarter ended 30th June 2026 attached

12th August 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 14th Floor, P J Towers, Bandra (East), Dalal Street, Fort, Mumbai 400 051 Mumbai 400 001 Scrip Name: GPPL Scrip Code: 533248 Dear Madam/ Sir, Sub: Submission of Unaudited Standalone & Consolidated Financial Results for the Quarter ended 30th June 2026 Kindly note the Board of Directors of Gujarat Pipavav Port Limited (‘the Company’) approved in the Board Meeting held today the attached Unaudited Financial Results of the Company for the Quarter ended 30th June 2026. Also attached is the Unmodified Limited Review Report by the Statutory Auditors for Standalone and Consolidated Accounts for the Quarter ended 30th June 2026. As an update, Ms. Monica Widhani- Independent Director has ceased to be Director of the Company effective today after completion of her 5-year tenure. The Board of Directors have already approved the appointment of Mrs. Harjeet Kaur Joshi as Independent Director effective 1st July 2026 and an intimation to this effect has been submitted to the Stock Exchanges on 30th June 2026. The Board Meeting commenced today at 1500 Hrs and concluded at 1610 Hrs. The results are being made available on the Company’s website www.pipavav.com Thank you, Yours truly, For Gujarat Pipavav Port Limited Manish Agnihotri Company Secretary & Compliance Officer APM Terminals Pipavav Registered Office Gujarat Pipavav Port Ltd. Post Office – Rampara No. 2 504, 5th Floor, Godrej Two, Via Rajula Pirojshanagar, Vikhroli East, District Amreli Mumbai, Maharashtra Gujarat 365 560 India 400079 India CIN: L63010GJ1992PLC018106 CIN: L63010GJ1992PLC018106 www.pipavav.com T +91-2794-242400 www.apmterminals.com F +91-2794-242413 MSK A & Associates LLP HO 602,Floor6,RahejaTitanium (Formerly known asM S K A & Associates) WesternExpressHighway, Geetanjali RailwayColony, RamNagar, Goregaon(E) CharteredAccountants Mumbai400063,INDIA Tel: +912269740200 Independent Auditor’s Review Report on Standalone unaudited financial results of Gujarat Pipavav Port Limitedfor thequarter pursuant tothe Regulation 33 of the SEBI (ListingObligationsandDisclosureRequirements)Regulations, 2015,asamended. ToTheBoardofDirectorsofGujarat PipavavPort Limited 1. We have reviewed the accompanying statement of standaloneunaudited financial results of Gujarat Pipavav Port Limited(hereinafterreferredtoas‘theCompany’) forthequarterendedJune30,2026 (‘theStatement’)attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Regulations’). 2. ThisStatement,whichisthe responsibilityof theCompany’sManagementandhasbeenapprovedbytheCompany’s Boardof Directors,has beenpreparedin accordancewiththe recognitionandmeasurementprinciples laiddownin Indian Accounting Standard 34 ‘Interim FinancialReporting’, prescribed under Section 133 of the Companies Act, 2013 (‘theAct’) readwithrelevantrulesissued thereunder (‘IndAS 34’) andother recognisedaccountingprinciples generally acceptedinIndia and isincompliance with theRegulations. Our responsibilityis toexpress a conclusion on theStatementbasedonourreview. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “ReviewofInterimFinancialInformationPerformedbytheIndependentAuditorof theEntity”issuedbytheInstitute of Chartered Accountantsof India. A reviewof interim financialinformationconsistsof makinginquiries, primarily of personsresponsiblefor financialandaccountingmatters,andapplyinganalyticalandotherreviewprocedures.A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become awareofallsignificantmattersthatmightbeidentifiedinanaudit.Accordingly,wedonotexpressanauditopinion. 4. Basedonour reviewconductedasstatedinparagraph 3 above,nothinghascome toourattentionthatcausesus to believe thattheaccompanyingStatementpreparedinaccordancewiththerecognitionandmeasurementprinciples laid downinIndAS 34andotherrecognised accountingprinciples generally acceptedinIndiahasnotdisclosed the informationrequiredtobedisclosedintermsof theRegulations,includingthemannerinwhichitistobedisclosed, or thatitcontainsanymaterialmisstatement. 5. TheStatementof theCompany for thequarterendedJune 30, 2025wasreviewedbyanother auditorwhose report datedAugust13,2025expressedanunmodifiedconclusionon thoseStatement. Ourconclusionisnotmodifiedinrespectof theabovematter. ForMSKA& AssociatesLLP (FormerlyknownasMSKA& Associates) CharteredAccountants ICAIFirmRegistrationNO.105047W/W101187 Udit BrijeshParikh Partner MembershipNo: 151016 UDIN: 26151016XDQWNH6866 Place:Mumbai Date:August12,2026 RegisteredOffice: 602,RahejaTitanium,WesternExpressHighway, Goregaon(East),Mumbai-400063,Maharashtra,India Tel: +912269740200|LLPIN:ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Chennai I Coimbatore | Goa | Gurugram | Hyderabad | Kochi | Kolkata I Pune www.mska.in GUJARATPIPAVAVPORTLIMITED RegisteredOffice:PipavavPort,AtPostRanipara-2,Tai.Rajula,Dist.Amreli,Gujarat365560. CIN:L63010GJ1992PLC018106Tel:02794242400Fax:02794242413 Website:www.pipavav.comEmail:investorrelationinppv'a.apmterminals.com STATEMENTOFSTANDALONEUNAUDITEDFINANCIALRESULTSFORTHEQUARTERENDED30JUNE2026 (?InMillion) Corresponding3 Preceding3 3monthsended monthsendedin Yearended Sr. monthsended Particulars thepreviousyear 30/06/2026 31/03/2026 30/06/2025 31/03/2026 (Unaudited) (Audited) (Unaudited) (Audited) 1 Income a. Revenuefromoperations 3,317.67 3,172.14 2,501.30 11,583.78 b. OtherIncome 154.53 161.65 211.02 771.07 TotalIncome 3,472.20 3,333.79 2,712.32 12,354.85 2 Expenses a. Operatingexpenses 436.88 413.23 403.25 2.007.68 b. Employeebenefitsexpenses 255.50 210.48 224.63 913.27 c. Financecosts 7.17 11.40 18.70 68.66 d. Depreciationandamortisationexpenses 314.12 303.15 314.56 1,258.56 e. Otherexpenses 485.46 316.60 400.62 1,581.19 Totalexpenses 1,499.13 1,254.86 1,361.76 5,829.36 3 Profitbeforeexceptionalitemsandtax(1-2) 1,973.07 2,078.93 1,350.56 6,525.49 4 Exceptionalitems(Loss)ZGain(Note4and5) - (188.31) - 194.93 5 Profitbeforetax(3+4) 1,973.07 1,890.62 1,350.56 6,720.42 6 Taxexpense a. Currenttaxexpense 504.15 504.85 346.24 1,741.79 b. Deferredtaxexpense/(credit) 0.15 (14.37) (2.95) (24.92) TotalTaxexpenses 504.30 490.48 343.29 1,716.87 7 NetProfitfortheperiod/year(5 6) 1,468.77 1,400.14 1,007.27 5,003.55 X Othercomprehensiveincome,netofincometax a. Itemsthatwillnotbereclassifiedsubsequentlytoprofitorloss -Re-measurementofpost-employmentbenefitobligations 10.52 1.63 -IncomeTaxrelatingtoitemthatwillnotbereclassifiedsubsequentlytoprofitorloss - (2.65) - (0.41) Totalothercomprehensiveincomeforthepcriod/ycar,netofincometax 7.87 1.22 9 Totalcomprehensiveincomefortheperiod/year(7+8) 1,468.77 1,408.01 1,007.27 5,004.77 10 Paid-upequity-sharecapital(Facevalue?10pershare) 4,834.40 4.834.40 4,834.40 4,834.40 11 OtherEquity 16,717.88 12 Basicanddilutedcamingspershare(EPS)(of 10/-each)(EPSforrespectivequartersarenot annualised) 3.04 2.90 2.08 10.35 GUJARATPIPAVAX PORTLIMITED Notes: 1 TheabovestandaloneunauditedfinancialresultsoftheGujaratPipavavPortLimited("TheCompany")arepreparedincompliancewithIndianAccountingStandards("IndAS") asnotified undersection 133oftheCompanies Act.2013("theAct")[Companies(Indian AccountingStandards)Rules,2015].asamendedandothergenerallyaccepted accountingpracticesandprinciplesandguidelinesissuedbytheSecuritiesandExchangeBoardofIndia(SEBI)underSEBI(ListingObligationsandDisclosureRequirements) Regulations2015asamended. 2 Theabove results havebeen reviewedbytheAuditCommitteeandapprovedbytheBoard ofDirectorsintheirmeetingsheld on 11 August2026 and 12 August2026 respectively. 3 TheCompanyhasonlyonereportablebusinesssegment,whichis"PortServices"ando [Showing first 8,000 characters — download PDF for full document]