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Gateway Distriparks Ltd Q2FY24; 21% rise in Profits

Gateway Distripacks is an integrated inter-modal logistics service provider. It has a network of 9 Inland Container Depots and Container Freight Stations strategically located across the country, operating a fleet of 31 trainsets along with 500+ trailers for transportation between its facilities and maritime ports, as well as first & last mile connectivity to provide end to end solutions to the EXIM industry. The company offers general & bonded warehousing, rail & road transportation, container handling services and other value added services.

Financial Results:

Gateway Distriparks Ltd reported Revenues for Q2FY24 of ₹389.00 Crores up from ₹354.00 Crore year on year, a rise of 9.89%.

Total Expenses for Q2FY24 of ₹325.00 Crores up from ₹298.00 Crores year on year, a rise of 9.06%.

Consolidated Net Profit of ₹74.00 Crores up 21.31% from ₹61.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.48, up 21.31% from ₹1.22 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Logistics
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