Gateway Distriparks Limited (GDL) announced its financial results for the quarter ended September 30, 2026. The company reported a 2.66% increase in total revenue, reaching ₹585.6 crore, compared to the previous year. EBIDTA saw a rise of 6.55%, while Profit Before Tax (PBT) grew by 15.07%. However, Profit After Tax (PAT) experienced a decline of 11.72% due to a change in tax regime.
Gateway Distriparks Reports Q2 FY27 Financial Results
Gateway Distriparks Limited (GDL), a prominent multimodal logistics company in India, has released its financial results for the second quarter and first half of the fiscal year ending September 30, 2026. The announcement highlights stable operational performance despite macroeconomic challenges.
Key Financial Highlights (Q2 FY27)
The company’s Total Revenue for the quarter stood at ₹585.6 crore, marking a 2.66% increase from ₹570.4 crore in the corresponding quarter of the previous year (Q2 FY26). EBIDTA rose by 6.55% to ₹131.5 crore (Q2 FY26: ₹123.4 crore), and Profit Before Tax (PBT) saw a significant jump of 15.07% to ₹79.0 crore (Q2 FY26: ₹68.7 crore).
However, Profit After Tax (PAT*) for the quarter was ₹58.5 crore, a decrease of 11.72% compared to ₹66.3 crore in Q2 FY26. This decline is attributed to the company’s adoption of the new tax regime effective April 01, 2026, which has altered its effective tax rate.
Operational Performance (Throughput)
In terms of throughput, Total Throughput for Q2 FY27 was 1,91,749 TEUs, a marginal decrease of 2.98% compared to 1,97,642 TEUs in Q2 FY26. The Rail Vertical showed a positive growth of 1.71% with 1,02,970 TEUs, while the CFS Vertical saw a decline of 7.91% to 88,779 TEUs.
First Half (H1 FY27) Performance
For the first half of FY27, Total Revenue increased by 1.31% to ₹1,139.3 crore. EBIDTA grew by 2.64% to ₹253.0 crore, and PBT increased by 6.77% to ₹149.9 crore. PAT* for H1 FY27 was ₹109.8 crore, showing a decrease of 14.55% compared to H1 FY26.
Chairman’s Commentary
Prem Kishan Dass Gupta, Chairman & Managing Director, expressed optimism about the company’s performance and future prospects. He highlighted a strong recovery in the container business compared to Q1, with revenue growing by 12%, EBITDA by 15.3%, and PAT by 23%. He also pointed to ongoing geopolitical uncertainties and a subdued macroeconomic environment as factors influencing performance. The commencement of EXIM operations at Ankleshwar, progress on the Indore ICD, and benefits from India’s trade agreements are expected to drive future growth. Additionally, Snowman Logistics is on track to expand its network capacity.
Tax Regime Change
The company has transitioned to a new tax regime effective April 01, 2026, opting for a concessional tax rate under Section 115BAA. This regime requires the company not to avail deductions under Section 80-IA of the Income Tax Act, 1961. The tax rate for the current year is 25.17%, compared to an effective tax rate of 9.57% in the previous year, primarily due to MAT credit utilization. Despite the higher tax rate, the cash outgo for tax payment remains relatively stable.
Source: BSE
