Gateway Distriparks reports 36% fall in Q2 consolidated net profit

06 Nov 2015

Gateway Distriparks has reported results for second quarter ended September 30, 2015.

The company has reported 60.37% fall in its net profit at Rs 14.21 crore for the quarter ended September 30, 2015 as compared to Rs 35.86 crore for the same quarter in the previous year. The company’s total income has decreased by 10.66% to Rs 72.60 crore for the quarter under review from Rs 81.26 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 35.90% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 30.60 crore for the quarter ended September  30, 2015 as compared to Rs 47.74 crore for the same quarter in the previous year. Total income of the company has decreased by 10.57% at Rs 264.35 crore for quarter under review as compared to Rs 295.59 crore for the quarter ended September 30, 2014.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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