Gujarat Pipavav Port (GPPL) reported an improved operating performance for Q3FY20 with revenues increasing 13% YoY to | 197 crore. EBITDA margin improved 300 bps YoY to 59.5% due to decline of 100 bps, 220 bps in employee and other expenses as percentage of sales, respectively. Improved operating performance led PBT to post growth of 19% YoY to | 107 crore but tax write-back to the tune of | 60 crore on account of deferred tax adjustment led net profit to increase 120% YoY to | 134.01 crore. Bulk, liquid volumes spurt; container volumes muted...