Gateway Distriparks Limited — Updates, 11-11-2024: Press Release

Gateway Distriparks Limited reports its Q2 FY 25 financial results, revealing a 3.26% decrease in total throughput year-over-year, with notable declines in the Rail vertical, down 7.85% to 92,733 TEUs, and a slight increase in the CFS vertical by 1.74%, totaling 93,982 TEUs. Revenue for Q2 FY 25 stands at ₹394.6 Cr, a decline of 1.71% versus the same period last year, attributed mainly to a significant drop in CFS revenue, which shrank by 20.42% to ₹65.0 Cr. EBITDA and PAT also dipped, down 4.74% and 18.18% respectively. Chairman & Managing Director Prem Kishan Dass Gupta noted resilience amid ongoing geopolitical issues, emphasizing improved market share in the rail segment and strong sequential growth compared to Q1. The enhancement of double stack capability at ICD Faridabad is anticipated to bolster service delivery and competitive edge in the NCR region. Investors should monitor the company's adaptive strategies in a challenging market landscape.