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Gateway Distriparks Limited - Strong recovery in throughput and realization, Q1 YoY Profit after tax up 280%

Gateway Distriparks Limited - Strong recovery in throughput and realization, Q1 YoY Profit after tax up 280%
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Snowman reports Sales growth, while margins remain flat in-spite of lock-down challenges

Snowman reports Sales growth, while margins remain flat in-spite of lock-down challenges
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Gateway Distriparks fourth-quarter net jumps four-fold to Rs 46 60 crore

Integrated inter-modal logistics company Gateway Distriparks has reported an about four-fold increase in consolidated net profit to Rs 46.60 crore for the March quarter on the back of strong recovery in throughput and realisations. The company had posted a consolidated net profit of Rs 11.69 crore in Q4 FY20, according to a statement. Total income rose 16.1 per cent to Rs 353.11 crore as against Rs 304.18 crore in the March quarter of fiscal 2019-20. The company operates four container freight stations at Navi Mumbai, Chennai, and Krishnapatnam. Two container freight stations are being operated at Kochi and Visakhapatnam through its subsidiaries, Gateway Distriparks (Kerala) Ltd and Gateway East India Pvt Ltd, respectively.

Andhra pradeshMadhya pradeshTamil naduPrem kishan dass guptaGateway distriparks kerala ltdGateway east india pvt ltdGateway distriparksNavi mumbaiManaging director prem kishan dass guptaContainer freight stationWestern dedicated freight corridorஆந்திரா பிரதேஷ்மத்யா பிரதேஷ்தமிழ் நாடுபிரேம் கிஷன் தாஸ் குப்தாநுழைவாயில் கிழக்கு இந்தியா பிரைவேட் லிமிடெட்

Snowman Logistics records loss of Rs 0 42 cr in Q4

Snowman Logistics reported a net loss of Rs 0.42 crore in Q4 FY21 compared with net loss of Rs 1.17 crore in Q4 FY20. Net sales during the quarter increased 5.1% year-on-year (YoY) to Rs 64.11 crore. The company reported a pre-tax profit of Rs 1.50 crore in Q4 March 2020 as against a pre-tax loss of Rs 1.34 crore in Q4 March 2020. Snowman Logistics recorded a net profit of Rs 0.06 crore in the year ended 31 March 2021 as against net loss of Rs 15.01 crore in the year ended 31 March 2020. Net sales declined 1.3% to Rs 237.10 crore in FY21 over FY20. The revenue drop was mainly in the transport vertical due to vehicle movement restrictions during the initial lockdown period.

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Gateway Distriparks Q4 profit at Rs 47 crore, reduces debt by Rs 237 crore

Gateway Distriparks Q4 profit at Rs 47 crore, reduces debt by Rs 237 crore ANI | Updated: Apr 27, 2021 14:32 IST Mumbai (Maharashtra) [India], April 27 (ANI): Logistics major Gateway Distriparks Ltd (GDL) said on Tuesday its Q4 FY21 consolidated profit after tax jumped by 299 per cent to Rs 47 crore from Rs 12 crore in the same period of previous fiscal. At the same time, earnings before interest, tax, depreciation and amortisation (EBITDA) moved up 41 per cent from Rs 70 crore to Rs 98 crore. Total income rose by 16 per cent to Rs 353 crore in the quarter ended March as compared to Rs 304 crore in Q4 FY20. More significantly, the company managed to reduce its net debt by Rs 237 crore in FY21 to Rs 444 crore. The board of directors has approved an interim dividend of Rs 5 per share.

Andhra pradeshTamil naduNhava shevaPrem kishan dass guptaGateway distriparks ltdManaging director prem kishan dass guptaWestern dedicated freight corridorGateway rail frieghtஆந்திரா பிரதேஷ்தமிழ் நாடுநிாவ ஷெவாபிரேம் கிஷன் தாஸ் குப்தாநுழைவாயில் திஸ்ற்ரிப்பார்க்கஸ் லிமிடெட்மேற்கு அர்ப்பணிப்பு சரக்கு தாழ்வாரம்