Gateway Distriparks Declares Dividend Amidst 18.9% Profit Dip
By Business Desk
Gateway Distriparks announces an interim dividend of Rs 1.25/share for FY27, despite a 18.9% year-on-year fall in Q1 net profit to Rs 48.8 crore. Revenue remains stable.
Gateway Distriparks Ltd. has announced its first interim dividend of Rs 1.25 per equity share for the financial year 2026-27, even as its Q1 consolidated net profit declined by 18.9% year-on-year to Rs 48.8 crore.
Key Financials & Dividend Details
- First Interim Dividend: Rs 1.25 per equity share
- Record Date: Tuesday, August 11, 2026
- Dividend Payment: On or before Thursday, September 4, 2026
- Q1 Consolidated Net Profit: Rs 48.8 crore
- Q1 Net Profit Decline (YoY): 18.9% (from Rs 60.3 crore)
- Q1 Revenue: Rs 549 crore (largely stable from Rs 550 crore)
- Q1 EBITDA: Rs 117 crore (down 1.9% YoY from Rs 119 crore)
- Q1 EBITDA Margin: 21.3% (narrowed from 21.7%)
Beyond financials, Gateway Distriparks’ board approved significant reappointments. Ishaan Gupta was reappointed as Joint Managing Director for an additional five-year term.
Vanita Yadav also received board approval for her reappointment as a Non-Executive Independent Director for a second consecutive five-year term, effective December 27, 2026, pending shareholder endorsement.
Following these announcements, Gateway Distriparks shares registered a 5.67% decline, trading at Rs 933.90.
The broader market also saw a minor dip, with the BSE Sensex experiencing a 0.16% decline.