Gateway Distriparks Q4 profit falls 6 per cent to Rs 63.7 cr

Logistics operator Gateway Distriparks on Thursday reported a 6 per cent year-on-year decline in profit after tax PAT to Rs 63.7 crore in the March quarter of FY 2025-26. For the entire FY26, net profit stood at Rs 259.4 crore, up 7.27 per cent from Rs 241.80 crore in the fiscal ended March 2025.

Logistics operator Gateway Distriparks on Thursday reported a 6 per cent year-on-year decline in profit after tax (PAT) to Rs 63.7 crore in the March quarter of FY 2025-26. The company had reported a net profit of Rs 67.8 crore in Q4FY25. Total revenue for the fourth quarter of FY26 stood at Rs 533.7 crore, compared to Rs 534.9 crore in the year-ago period. Earnings before interest, taxes, depreciation and amortisation (EBITDA) also declined 1.94 per cent YoY to Rs 122.8 crore during the quarter under review as against Rs 125.2 crore in the same period of the preceding fiscal. The company said during the March quarter it handled 1.98 per cent more cargo at 1,88,179 TEUs (Twenty-foot Equivalent Units), compared to 1,84,518 TEUs in the corresponding quarter a year ago. For the entire FY26, net profit stood at Rs 259.4 crore, up 7.27 per cent from Rs 241.80 crore in the fiscal ended March 2025. ''The company's performance for the first nine months was strong; however, Q4 has been impacted by the West Asia crisis. Volumes remain subdued, as customers do not have enough clarity on when the West Asia conflict will end. However, we still remain hopeful that trade volumes will grow in the medium to long term, with the trade deals that India continues to sign with other countries,'' said Prem Kishan Dass Gupta, Chairman & Managing Director of the company. According to Gupta, the logistics firm has also started the movement of steel coils from Ankleshwar and continues adding volumes to its domestic segment. ''In addition to constructing a new ICD (inland container depot) at Indore, we are still exploring more opportunities in both greenfield and asset-light models. We are also looking to expand the warehouse network of Snowman Logistics-both through owned as well as asset-light build-to-suit model,'' he said.