Gateway Distriparks Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- Gateway Distriparks Ltd reported a 3.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 3.1%.
- Its expenses for the quarter were up by 3.9% QoQ and 3.7% YoY.
- The net profit increased 657.4% QoQ and increased 605.8% YoY.
- The earnings per share (EPS) of Gateway Distriparks Ltd stood at 9.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 407.04 | 394.57 | 394.87 | 3.2% | 3.1% |
Total Expenses | 342.60 | 329.74 | 330.51 | 3.9% | 3.7% |
Profit Before Tax | 455.21 | 64.84 | 64.36 | 602.1% | 607.3% |
Tax | -0.36 | 5.01 | 1.77 | -107.2% | -120.3% |
Profit After Tax | 455.52 | 60.14 | 64.54 | 657.4% | 605.8% |
Earnings Per Share | 9.10 | 1.20 | 1.30 | 658.3% | 600.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gateway Distriparks Ltd is a prominent player in the logistics and supply chain management sector. The company primarily operates in the warehousing, transportation, and container freight stations (CFS) services, catering to a diverse clientele across various industries. Gateway Distriparks is known for its extensive network of CFS and inland container depots that facilitate the efficient movement of goods. Recently, the company has been focusing on expanding its infrastructure and enhancing its service offerings to adapt to evolving market demands. However, specific recent developments related to financial or strategic initiatives are not available based on the provided data.
Revenue
During Q3FY25, Gateway Distriparks Ltd reported a total income of ₹407.04 crores, marking a 3.2% increase compared to the preceding quarter (Q2FY25) where the total income was ₹394.57 crores. On a year-over-year basis, the total income saw a rise of 3.1% from ₹394.87 crores in Q3FY24. The consistent growth in total income indicates a steady upward trajectory in the company's revenue generation over both the quarterly and annual timeframes. This growth could be attributed to the company's strategic efforts in expanding its operations and possibly improving its service offerings.
Profitability
The profitability metrics for Gateway Distriparks Ltd in Q3FY25 show a significant increase. The profit before tax (PBT) surged to ₹455.21 crores from ₹64.84 crores in Q2FY25, reflecting a remarkable quarter-over-quarter growth of 602.1%. Year-over-year, the PBT increased by 607.3% from ₹64.36 crores in Q3FY24. Following a similar trend, the profit after tax (PAT) for Q3FY25 was ₹455.52 crores, up from ₹60.14 crores in the previous quarter, showing a QoQ increase of 657.4%. Compared to Q3FY24, where the PAT was ₹64.54 crores, there was a year-over-year increase of 605.8%. The earnings per share (EPS) also experienced substantial growth, reaching ₹9.10 in Q3FY25 from ₹1.20 in Q2FY25, marking a 658.3% increase. Year-over-year, EPS grew by 600.0% from ₹1.30 in Q3FY24. The pronounced increase in profitability metrics during this quarter is noteworthy.
Operating Metrics
The total expenses for Gateway Distriparks Ltd in Q3FY25 amounted to ₹342.60 crores, which is a 3.9% increase from the previous quarter's expenses of ₹329.74 crores. Compared to the same quarter last year, total expenses increased by 3.7% from ₹330.51 crores. The company's tax outflow in Q3FY25 was notably different, with a tax credit of ₹0.36 crores compared to a tax expense of ₹5.01 crores in Q2FY25, reflecting a quarter-over-quarter change of -107.2%. On a year-over-year basis, the tax expense declined by -120.3% from ₹1.77 crores in Q3FY24. The financial data reveals significant changes in the company's tax-related metrics, possibly impacting its net profitability positively for this quarter.
