Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Gateway Distriparks Reports Q2 FY27 Profit Decline To ₹58.53 Crore; Revenue Inches Up To ₹580.13 Crore

Mumbai: Gateway Distriparks Limited (GDL) on Wednesday, 28 October 2026, announced its unaudited consolidated financial results for the quarter and six months ended 30 September 2026. The company’s consolidated net profit for the quarter stood at ₹58.53 crore, a decrease of 11.7% from ₹66.30 crore reported in the year-ago quarter. Financial Performance Consolidated revenue from operations for the…

Gateway Distriparks Limited (GDL) disclosed on October 28th that its Q2 FY27 financials showed a 11.7% decrease in net profit to ₹58.53 crore, compared to ₹66.30 crore in the previous quarter. Despite this, the company's revenue from operations rose 2.2% to ₹580.13 crore, up from ₹567.32 crore in the same period last year. Total income also grew to ₹585.57 crore from ₹570.42 crore year-on-year.

The company's expenses increased to ₹506.55 crore, up from ₹501.75 crore in the same quarter a year ago. Employee benefits expenses rose to ₹37.01 crore, while finance costs fell to ₹13.24 crore from ₹15.87 crore. Earnings per share (EPS) were ₹1.16 for both basic and diluted calculations, down from ₹1.34 in the previous quarter.

Re-listing as a new merged entity was announced, with the Board re-appointing Joint Managing Director Samvid Gupta for another five years, pending shareholder approval via a postal ballot. An interim dividend of ₹1.25 per share, totaling ₹62.46 crore, was previously declared and paid.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in Finance & Markets

More from Wednesday 28 October →