Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARDS :: VAT RATES :: TDS :: form 3cd :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: due date for vat payment :: Central Excise rule to resale the machines to a new company
« News Headlines »
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest
 Big changes for small units under GST
 Parliament’s winter session to begin on November 16 to expedite GST rollout
 Income-tax (27th Amendment) Rules, 2016 - 92/2016
 Announcement - Clarifications in Respect of MEF 2016-17

Gateway March quarter net up by 20 per cent due to tax gains
May, 03rd 2014

Logistics company Gateway Distriparks posted a 19.8 per cent rise in its March quarter net at Rs 40.3 crore, the company announced here today.

The Navi Mumbai-headquartered company said that this profit growth was partly due to reduction in provisions for deferred taxes, though it did not say what was the exact amount.

For the full fiscal FY14, its post tax profit rose 7.2 per cent to Rs 135.8 crore, even though the pretax profit was down 4.1 per cent.

The company scrip ended the session down 0.42 per cent at Rs 175.75 apiece on the BSE, whose 30-share benchmark was down 0.06 per cent.

During the reporting quarter, the total income from operations dipped marginally to Rs 266.90 crore, from the Rs 267.14 crore in the same period year ago.

Meanwhile, the company also announced that it plans to come out with an IPO of its temperature-controlled logistics subsidiary Snowman Logistics this year.

The draft red herring prospectus was filed with the Securities and Exchange Board last August and the company is expected to be listed by end of 2014, it said.

"The listing of Snowman Logistics will unlock inherent value and the potential of the cold chain operations," group deputy chairman and managing director Prem Kishan Gupta said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions