Gateway Distriparks Ltd — earnings calls

Management described continued softness in export-import volumes tied to the West Asia conflict, with Q4 double-stack ratio at 42% and full-year at 40%. Gateway reported quarterly volumes of 188,000 TEUs, split roughly 96,000 rail and 91,000 CFS, while gross debt at the standalone level has fallen to around INR170 crores from INR550 crores previously. Snowman Logistics discussed margin pressure in warehousing and 5PL segments due to ramp-up costs at new facilities and one-time procurement costs, while noting positive pricing trends in warehousing contract renewals.