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Gateway Distriparks Q3 sees 99% jump in consolidated profit at Rs 37 cr

Integrated logistics services provider Gateway Distriparks on Tuesday reported a 99.02 per cent jump in its consolidated profit at Rs 36.62 crore in the quarter ended December. The company had posted a profit of Rs 16.39 crore in the third quarter of financial year 2020-21. Total sales grew 3.88 per cent to Rs 316.29 crore during the quarter under review as against Rs 304.48 crore in the third quarter of the previous financial year, the company said in a release. Rail container volumes were up 8.8 per cent to 67, 042 TEUs (twenty-foot equivalent unit) as against 61,634 TEUs in the third quarter of financial year 2020-21, while the CFS business declined 11 per cent to 84060 TEUs, which was 94,337 TEUs in December quarter of the financial year 2020-21.

Trial run on 343 km DFCC s Bahupur-Khurja section successful

Trial run on 343 km DFCC s Bahupur-Khurja section successful ​ By IANS | Published on ​ Thu, Dec 17 2020 17:51 IST | ​ 7 Views   New Delhi, Dec 17 : The Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) conducted successful trial runs of two fully-loaded freight trains on the 343 km long Bhaupur-Khurja section of Eastern Dedicated Freight Corridor (EDFC) at a speed of 100 kmph. The trial run was done on December 11. The trains were remotely flagged-off from both Khurja and Bhaupur by DFCCIL s outgoing MD R.N Singh along with newly-appointed MD Ravindra Kumar Jain in presence of Alstom India and South Asia MD Alain Spohr, and other Directors of DFCCIL.

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