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Gateway Distriparks Ltd Q3FY21 consolidated net profit surges to Rs. 32.74 crore


Gateway Distriparks Ltd Q3FY21 consolidated net profit surges to Rs. 32.74 crore
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GATEWAY DISTRIPARKS LTD. has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.316.29 crores during the period ended December 31, 2020 as compared to Rs.266.95 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.32.74 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.4.22 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.2.76 for the period ended December 31, 2020 as compared to Rs.0.34 for the period ended September 30, 2020. ....

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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. ....

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Additional 400 kms of dedicated freight corridors to be ready by March: Piyush Goyal


Additional 400 kms of dedicated freight corridors to be ready by March: Piyush Goyal
DFCs are exclusive corridors for faster movement of freight trains. The Western DFC is a 1,525 km corridor between Delhi and JNPT (Mumbai) while the Eastern DFC connects Ludhiana and Dankuni, spanning 1,800 km
Ashutosh Kumar | January 20, 2021 | Updated 05:10 IST
Within weeks of Prime Minister Narendra Modi inaugurating a total of 657 km stretch on the Dedicated Freight Corridor (DFC), Railway Minister Piyush Goyal today said that additional 400 km stretch will be ready on the corridors by March this year.
Addressing the first national conference of states on logistics today, Goyal also said that construction of the entire Eastern and the Western DFCs will be complete by 2022. The minister also said that a national logistics policy is under consultation adding that the country has a $200 billion logistics ecosystem . ....

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Indian Railways To Provide Pan-India Connectivity To Statue Of Unity, To Start Express And Memu Trains


Indian Railways To Provide Pan-India Connectivity To Statue Of Unity, To Start Express And Memu Trains
by Arun Kumar Das - Jan 15, 2021 04:51 AM
A view of Statue of Unity. (@pavnkaushik/Twitter)
Snapshot
With this, the Statue of Unity at Kevadiya, built at a cost of Rs 3,000 crore, the tallest in the world, will be added to the railway map of India
Prime Minister Narendra Modi would flag off six express trains including a Jan Shatabdi Express from Varanasi, Dadar, Nizamuddin, Rewa, Chennai and Ahmedabad for Kevadia, the place of the Statue of Unity in Gujarat, through video conferencing on 17 January. ....

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Indian Railways To Complete Most Sections Of Dedicated Freight Corridors In 2021


Indian Railways To Complete Most Sections Of Dedicated Freight Corridors In 2021
Trial run of freight train on the Western Dedicated Corridor. (Facebook)
With two back to back inaugurations of the 351 km Khurja-Bhaupur section of Eastern Dedicated Freight Corridor and 306 km Rewari-Madar section of Western Dedicated Freight Corridor within a gap of 10 days, the railways is now eyeing to complete most of the sections of the Dedicated Freight Corridor (DFC) this year, officials said on Sunday.
A railway ministry official said that work on the 335-km long Madar-Palanpur section of the WDFC is in full swing and it will be ready by March 2021. ....

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