FY24 Highlights:
Revenue Increase: 7.63% YoY increase
PAT (Profit After Tax) Rise: 6.76% YoY increase
Total Throughput Growth:
Rail Vertical: 5.76% YoY increase
CFS (Container Freight Station) Vertical: 0.52% YoY decrease
Quarterly Dip: The Q4 results showed a dip compared to the previous quarter, but the annual figures reflected growth.
Revenue Drivers: Railway Revenue and CFS Revenue were the main contributors to the annual revenue increase.
Management Commentary:
Prem Kishan Dass Gupta, Chairman & Managing Director, attributed the muted Q4 performance to the Red Sea crisis, which disrupted supply chains and slowed down EXIM (export-import) business in India. However, he expressed optimism about the company's network advantage and double-stack hubs in minimizing costs. Gateway Distriparks continues to explore land for new container terminals and expects its Faridabad ICD (Inland Container Depot) to become a double-stack location soon.
Overall:
Gateway Distriparks' Q4 results were impacted by external factors, but the company remains focused on expanding its network and achieving sustainable growth in the long term
For further details:
ICICI Direct Analysis: https://www.icicidirect.com/research/equity/rapid-results/gateway-distriparks-ltd
Gateway Distriparks Financials: https://www.gatewaydistriparks.com/Financials.php
Annual Reports: https://www.gatewaydistriparks.com/Annual-reports.php
コメント