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Gateway Distriparks Q4 profit at Rs 47 crore, reduces debt by Rs 237 crore


Gateway Distriparks Q4 profit at Rs 47 crore, reduces debt by Rs 237 crore
ANI |
Updated: Apr 27, 2021 14:32 IST
Mumbai (Maharashtra) [India], April 27 (ANI): Logistics major Gateway Distriparks Ltd (GDL) said on Tuesday its Q4 FY21 consolidated profit after tax jumped by 299 per cent to Rs 47 crore from Rs 12 crore in the same period of previous fiscal.
At the same time, earnings before interest, tax, depreciation and amortisation (EBITDA) moved up 41 per cent from Rs 70 crore to Rs 98 crore. Total income rose by 16 per cent to Rs 353 crore in the quarter ended March as compared to Rs 304 crore in Q4 FY20.
More significantly, the company managed to reduce its net debt by Rs 237 crore in FY21 to Rs 444 crore. The board of directors has approved an interim dividend of Rs 5 per share. ....

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