Mumbai/Delhi, February 15th, 2022: Gateway Distriparks Limited (GDL), a leading integrated inter-modal logistics facilitator in India, today announced its unaudited financial results for the December quarter of the current financial year. Please note that with effect from 28th December 2021, Gateway East India Private Limited and Gateway Distriparks Ltd have merged with Gateway Rail Freight Limited. Subsequently, on 11th February 2022, Gateway Rail Freight Limited changed its name to Gateway Distriparks Limited.
| Consolidated Financials for Q3FY2021-22: | ||||||
| Particulars (Rs. Crs) | Q3FY22 | Q3FY21 | YoY Growth | Q3FY22 | Q2FY22 | QoQ Growth |
| Throughput (TEUs) | 180,704 | 151,102 | 19.6% | 180,704 | 177,389 | 1.9% |
| Total Income | 356.04 | 316.29 | 12.6% | 356.04 | 341.49 | 4.3% |
| EBIDTA | 100.24 | 85.06 | 17.8% | 100.24 | 96.76 | 3.6% |
| EBIDTA Margin | 28.15% | 26.89% | 4.7% | 28.15% | 28.33% | -0.6% |
| PAT | 47.92 | 33.24 | 44.2% | 47.92 | 46.9 | 2.2% |
| PAT Margin | 13.46% | 10.51% | 28.1% | 13.46% | 13.73% | -2.0% |
Other Highlights:
- Net Debt as of December 31, 2021, stands at Rs. 373.87 Crores against Rs. 440.91 Crores as of September 30, 2021.
- Gateway Distriparks rating upgraded to ‘IND AA’ by Fitch Group
Mr. Prem Kishan Das Gupta, Chairman & Managing Director, commented, “I am happy to announce that we have completed our amalgamation process and now our Rail, ICD and CFS businesses are all under one umbrella – Gateway Distriparks Limited. In the new entity, we are now able to offer a pan India network of ICD and CFS to shipping lines and EXIM customers. In addition, we have a stronger balance sheet and combined cash flows of all businesses available for funding our expansion plans, which we are planning primarily in the North to West industrial corridor for setting up new ICDs. The company has delivered another successful quarter with sustained growth and increased revenue and we foresee this positive trend to continue going ahead.”
