Gateway Distriparks reports 40% fall in Q2 net profit

10 Nov 2016 Evaluate

Gateway Distriparks has reported results for second quarter ended September 30, 2016.  

The company has reported 39.74% fall in its net profit at Rs 10.07 crore for the quarter under review as compared to Rs 16.71 crore for the same quarter in the previous year. Total income of the company decreased by 5.85% at Rs 87.12 crore for the quarter under review as compared Rs 92.53 crore for the corresponding quarter 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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