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Home > All news > Logistics, Report & Analysis > Gateway Distriparks Q1FY24 Consolidated EBIDTA up 10.66% YoY to Rs. 100.55 Crores
Gateway Distriparks Q1FY24 Consolidated EBIDTA up 10.66% YoY to Rs.100.55 Crores

Gateway Distriparks Q1FY24 Consolidated EBIDTA up 10.66% YoY to Rs. 100.55 Crores

August 2, 2023
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Mumbai/Delhi, 2nd August, 2023: Gateway Distriparks Limited (GDL), a leading integrated inter-modallogistics facilitator in India, today announced its financial results for the April to June quarter of the current financial year.

Total Throughput(TEUs)Q1FY 24Q1FY 23YOYGrowth
Rail89,93985,6864.96%
CFS89,95892,973-3.24%
Total1,79,8971,78,6590.69%
Particulars (Rs. Crs)Q1FY 24Q1FY 23YOYGrowth
Rail Revenue298.45266.5511.97%
CFS Revenue76.4080.68-5.30%
Total Revenue374.85347.237.95%
EBIDTA100.5590.8610.66%
PBT65.6554.3220.86%
PAT63.7258.459.02%

The Company has declared First Interim Dividend for FY24 of Rs. 1.25 per share.

Prem Kishan Gupta, Chairman and Managing Director, commented, "Train running was impacted thisquarter by the Biparjoy cyclone when the rail network & port operations were shut for some time in Gujarat,along with some double stack restrictions imposed temporarily by Indian Railways during the quarter as well. However, the volumes have been catching up and we are starting to see signs of improvement in the Exportvolumes as well which have been low in the last few quarters due to lesser demand in Western Europe and North America, especially for retail products manufactured in India for those markets. As the overall EXIM demand continues to grow, we are now adding three trains to our fleet over the next 6 months. On theexpansion front, we are also on track to finalise new locations in the hinterland to expand our containerterminal network.”

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