Q3FY17 Results: Gateway Distriparks

Bhagyashree Vivarekar / 08 Feb 2017

Q3FY17 Results: Gateway Distriparks

In terms of the bottom-line, the company reported a PAT figure of Rs 16.36 crore, which represents a sequential QoQ increase of 62.46 per cent and a YoY increase of 43.51 per cent.

Q3FY17 results: Gateway Distriparks

Gateway Distriparks Ltd. reported its standalone results for the quarter ended December 31, 2016 on Wednesday.

The total sales for this quarter, Q3FY17, came in at Rs 83.18 crore. This represents a 0.28 per cent sequential decline and 2.17 per cent YoY increase. Its operating profit (EBIT) for the recently concluded quarter amounted to Rs 14.18 crore and the EBIT margin stood at 17.05 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs 16.36 crore, which represents a sequential QoQ increase of 62.46 per cent and a YoY increase of 43.51 per cent.

Gateway Distriparks Ltd is promoted by NTSC, Parameshwara Holdings Ltd, Windmill International Pvt. Ltd. and Thakral Corporation Ltd. as a joint venture company, to conduct the business of warehousing, container freight stations (CFS), providing handling and clearance of sea borne exim trade in containerised form. The company operates CFS at Navi Mumbai, Chennai, Vishakapatnam and at inland container depot in Garhi Harsaru (Haryana).

If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.