SNAPSHOT OF GDL GROUP RESULTS (CFS + RAIL + COLD CHAIN)
Q-4 FY 18 Vs Q-3 FY 18:
- Revenue (Exc. exceptional items) from operations went up 1.7 % to Rs 345.9 Cr.
- EBITDA (Exc. exceptional items / investment Income) decreased 2.8 % to Rs 68 Cr.
- Profit Before Tax went up from Rs 33 Cr. to Rs 65.5 Cr.
- Profit After Tax (Before Minority Interest) went up from Rs 27.9 Cr. to Rs 52.6 Cr.
FY 18 Vs FY 17:
- Revenue (inc. exceptional items) went up 2.2 % to Rs 1,378.6 Cr.
- EBITDA (inc. exceptional items) increased 10.8 % to Rs 268.8 Cr.
- Profit Before Tax went up from Rs 130.9 Cr. to Rs 150.9 Cr.
- Profit After Tax (Before Minority Interest) went up from Rs 90.7 Cr. to Rs 121.7 Cr.
During the year Gateway Rail Freight Ltd has availed a net benefit of Rs.32.25 crores under the Services Export from India Scheme (SEIS) of Government of India on the deemed foreign exchange earnings on rail transportation and ICD services provided by the company to various exporters during the financial year 2015-16.
Mr. Prem Kishan Dass Gupta, Chairman & Managing Director said, “Our group companies have shown strong resilience in the competitive market. For the first time in company history the CFS business crossed an annual throughput of 400,000 TEUs. The rail business has maintained volumes despite growing competition at all locations. Snowman continues to show a positive trend maintaining high warehouse utilisation levels. Delivering profitable results to our valued shareholders will continue to remain our focus in the coming year.”
Segment-wise performance (Q-4 Vs Q-3):
CFS: Throughput was up 8.2% to 105,066 TEUs. EBITDA decreased 2.5 % to Rs. 21.5 Crores. PBT went up 3% to Rs. 14.7 Crores, while PAT increased 12.4% to Rs. 11.3 Crores.
Rail: Throughput was up 0.3 % to 58,908 TEUs. EBITDA (Exc. exceptional items) decreased 2.6 % to Rs. 34 Crores. PBT went up from Rs 18.5 Crores to Rs. 47.8 Crores while PAT was up from Rs 17.6 Crores to Rs. 39.2 Crores.
Cold Chain: Revenue went up 4 % to Rs 51.8 Crores. EBITDA went down 4 % to Rs 12.6 Crores. PBT went up from Rs 0.3 Crores to Rs 3.1 Crores (inc. profit on sale of asset Rs 3.0 Crores), while PAT was up from Rs 0.3 Crores to Rs 2.1 Crores.
