Gateway Distriparks Limited — Updates, 03-02-2025: Press Release
Gateway Distriparks Limited has released its financial results for the quarter ended December 31, 2024. Total throughput for Q3 FY25 was 182,048 TEUs, reflecting a slight increase of 0.29% year-on-year. Rail revenue grew by 2.26% to ₹331.15 Cr, while CFS revenue decreased by 7.27% to ₹65.86 Cr. Overall, total revenue rose by 3.08% to ₹407.04 Cr, with EBITDA increasing by 1.51% to ₹101.21 Cr.
Significantly, the profit before tax (PBT) surged to ₹455.16 Cr, an increase of 586.41% due to exceptional income from the fair valuation of Snowman Logistics since its consolidation as a subsidiary. The Chairman noted a recovery in volumes and margins following earlier challenges and highlighted ongoing efforts to enhance market share, particularly in the rail vertical. The company is optimistic about prospects if shipping routes stabilize, along with plans for expanding its rail terminal network. Positive outlook for investors as the company strengthens its operational foundation and market presence.
