Gateway Distriparks reports 85% fall in Q1 net profit

05 Aug 2016

Gateway Distriparks has reported results for first quarter ended June 30, 2016.

The company has reported a fall of 84.89% in its net profit at Rs 9.69 crore for the quarter ended June 30, 2016 as compared to Rs 64.15 crore for the same quarter in the previous year. Total income of the company decreased by 9.36% to Rs 84.29 crore for the quarter under review from Rs 92.99 crore for the corresponding quarter of the previous year.

Gateway Distriparks is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323