Vol. LXI No. 192 nd FRIDAY 22 OCTOBER 2021
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Bahri Logistics wins “Best Shipping Line of the Year – Break Bulk” at India Maritime Awards 2021 MUMBAI: Affirming its preeminent position in the Maritime sector in Asia and the Middle East, Bahri, a Global leader in transportation and logistics, has won the ‘Best Shipping Line of the Year - Breakbulk’ for the Third Consecutive Year at the India Maritime Awards 5th Edition. Capt. Luay Saadeh and M r. S t a n n y Pe r e i r a o f Bahri Logistics received this prestigious Award on behalf of the c o m p a n y f r o m M r. S h a n t a n u Capt. Luay Saadeh and Mr. Stanny Pereira receiving the Award. Bhadkamkar- Immediate Pastseventh in the region in Forbes Middle East’s list of President, AMTOI. ‘10 Biggest Logistics Companies in MENA,’ consolidating This achievement comes down to the exceptional its distinguished position and reputation in the maritime performance by the Team in India. industry. The India Maritime Awards was held at The St. Regis Bahri India works with major Original Equipment Hotel in Mumbai on October 1st in the presence of a Manufacturers (OEMs) such as Tata, Maruti, Mahindra & number of industry stalwarts from the Maritime and Mahindra, Atlas Copco, JCB among many other leading Logistics sector. companies for moving cargo exports out of India. Earlier, Bahri had informed that it has been ranked
Gateway Distriparks Q2FY22 Consolidated PAT UP 1255.5% YoY to Rs 46.90 crore Gateway Distriparks Q2FY22 Consolidated EBITDA up YoY 38.9.% to 96.76 crores MUMBAI/DELHI: Gateway Distriparks Limited (GDL), a leading integrated inter-modal logistics facilitator in India, announced its unaudited financial results for the September quarter of the current financial year. Mr. Prem Kishan Das Gupta, Chairman & Managing Director, commented, “The growth Gateway Distriparks has registered in the September quarter and overall first half of the financial year is yet another testimony to the business leadership of the company. Even as the recovery from Covid-19 shock is still not complete, the kind of boost we have witnessed in volumes in both Rail freight and CFS verticals has led us to increase our internal revenue and margin targets for the ongoing year. Apart from growth in the volumes and revenue, we have also performed well in terms of EBITDA, PAT and EPS. Our margins are also well supportive of future growth plans. In the ongoing third and upcoming fourth quarter, Cont’d. Pg. 6 we expect business tofurther pick up.”