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Gateway Distriparks Announces Q1FY25 Results with PAT at Rs. 48.99 Cr

by Kalpana Pandey
August 10, 2024
in Asia, News
Reading Time: 2 mins read
A A
Mr. Prem Kishan Gupta Chairman Managing Director Gateway Distriparks

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Gateway Distriparks Limited (GDL), a leading multimodal logistics company in India, announced its financial results for the quarter ended 30th June 2024.

Total Throughput (TEUs)Q1FY 25Q1FY 24YOY Growth
Rail Vertical    82,043        89,939-8.78%
CFS Vertical    89,382        89,958-0.64%
Total Throughput1,71,425     1,79,897-4.71%
Particulars (Rs. Crs)Q1FY 25Q1FY 24YOY Growth
Rail Revenue    289.90        298.45-2.86%
CFS Revenue*      67.75          76.40-11.32%
Total Revenue    357.65        374.85-4.59%
EBIDTA      89.42        100.55-11.07%
PBT      52.61          65.65-19.86%
PAT      48.99          63.72-23.12%

*CFS revenue includes adjustment of reduction of Rs. 8.42 crores on account of change in accounting method for Q1FY25

The Company has declared First Interim Dividend for FY25 of Rs. 1.25 per share.

Prem Kishan Dass Gupta, Chairman & Managing Director, said, “Volumes continue to be impacted by the global Red Sea crisis, which has disrupted supply chains and increased ocean freight rates. At the same time, due to our network advantage we have been able to maintain our market share despite the challenges and remain focused on providing efficient multimodal solutions for our customers. We continue to explore opportunities for developing new rail terminals to further expand our network.”

Tags: Gateway DistriparksPrem Kishan Gupta
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