Gateway Distriparks Reports Strong Q3 FY26 Performance, Declares Special Dividend

Delhi, Feb 07: Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics companies, announced its financial results for the quarter ended December 31, 2025 (Q3 FY26), delivering strong operational and financial performance despite Q3 traditionally being a seasonally weaker quarter.

Operational Performance

During Q3 FY26, GDL recorded a total throughput of 1,90,675 TEUs, reflecting a 4.74% year-on-year growth. Year-to-date (YTD) throughput stood at 5,75,887 TEUs, registering a 6.61% YoY increase.

• Rail Vertical:

  • Q3 FY26: 1,02,575 TEUs (up 10.97% YoY)

  • YTD FY26: 2,97,097 TEUs (up 11.18% YoY)

• CFS Vertical:

  • Q3 FY26: 88,100 TEUs

  • YTD FY26: 2,78,790 TEUs (up 2.13% YoY)

Financial Highlights

For Q3 FY26, the Company reported strong growth across key financial metrics:

• Total Revenue: Up 39.10% YoY

• EBITDA: Up 26.67% YoY

• Profit Before Tax (PBT): Up 11.87% YoY

• Profit After Tax (PAT): Maintained steady performance

On a YTD basis, GDL recorded:

• Total Revenue: Up 45.85% YoY

• EBITDA: Up 28.43% YoY

• PBT: Up 16.63% YoY

• PAT: Up 12.47% YoY

The financials include the consolidation of Snowman Logistics Limited as a subsidiary effective December 24, 2024. Exceptional income related to fair valuation recorded in FY25 has been excluded to ensure comparability.

Dividend Announcement

The Board of Directors declared a Second Interim Dividend for FY26, along with a Special Interim Dividend.

The special dividend is a one-time, non-recurring payout, marking GDL’s achievement of a net debt-free position for the first time since inception, and commemorating 30 years since the acquisition of land for its first facility at Nhava Sheva CFS.

Management Commentary

Prem Kishan Dass Gupta, Chairman & Managing Director, Gateway Distriparks Limited, said:

“Normally Q3 is a weaker quarter, but our performance has remained strong and consistent with the momentum seen in recent quarters. We are optimistic about the future, particularly with the Free Trade Agreement signed with the EU and the trade deal with the USA, which are expected to significantly boost India’s global trade once ratified.”

He added that the Company has commenced domestic rail services from MMLP New Ankleshwar and is witnessing encouraging traction. GDL is expanding its rail capacity through the addition of new high-capacity rakes and the upgradation of existing leased rakes, taking the total rake count to 37 by the end of Q1 FY27.

Growth Initiatives

GDL has announced the acquisition of land for setting up a greenfield Inland Container Depot (ICD) in Indore, located near the Pithampur Industrial Area, one of India’s fastest-growing industrial regions. The Company continues to actively explore opportunities to further expand its rail and logistics network.

Snowman Logistics is also expected to benefit from upcoming trade agreements, particularly with the revival of seafood exports, and is planning to expand its warehouse network through a combination of owned assets and asset-light build-to-suit models.

IIT-Madras and Unicorn India Ventures launch Rs 600 crore “IITM Unicorn Frontier Fund I”

Chennai, Feb 7: IIT Madras Research Park (IITMRP), India’s first university-based research park and a leading force behind India’s deep tech transformation, and Unicorn India Ventures, India’s leading DeepTech VC Fund, have joined hands to launch a Rs 600 crore deep tech fund. The fund will also have an additional Rs 400 crore as greenshoe option.

IIT Madras India’s premier engineering institution—has ranked No. 1 for ten consecutive years in the National Institutional Ranking Framework (NIRF) for excellence in academics and innovation, and leads the nation in intellectual property creation, achieving a record average of more than one patent per day. Bolstering the innovation & commercialization capability of IIT Madras is the IITM Research Park which is home to several global R&D labs, Centers of Excellence, and Incubators. IITM Research Park and the IITM Incubation Cell has played a pivotal role in translational research, commercialisation, and nurturing cutting-edge deep tech startups across SpaceTech, Communications, ClimateTech, EVs, Semiconductor, Quantum, and DefenseTech. To further strengthen the innovation ecosystem and accelerate the growth journey for the startups, IIT Madras Research Park has selected Unicorn India Ventures as the Fund Manager for the DeepTech Fund.

The Fund will look to build a portfolio of 25+ companies in IP-led, engineering heavy startups in sectors like Robotics, SpaceTech, DefTech, Semicon, MedTech, etc. that align with national strategic interests.

With an average first investment size of Rs 8-10 crore, the investment strategy will follow a dual stage approach. The fund will be used to invest in early-stage deep tech startups that have reached Technology Readiness Level (TRL) 3– 4 with an aim to identify high-potential innovations to nurture them through the initial commercialization hurdles. To ensure that portfolio companies are not capital starved as deep tech is a long gestation investment business, the fund will also support them with capital at early mid stage where they have reached TRL 5 – 7 to accelerate the development of concept proven technologies.  A part of the corpus would be assigned to select early late-stage companies that reach TRL 7 – 9 with a proven product tech and need support with accelerated scale up and market penetration.

Dr Kamakoti Veezhinathan, Director of IIT Madras and the man behind the Shakti micro-processor says

“Science and technology will play a crucial role in the growth story and towards India becoming Viksit Bharat 2047, focusing on technology sovereignty, AI, semiconductors, defencetech and quantum technology. The need of the hour to reduce reliance on technology imports and strengthen indigenous capabilities. IIT Madras has been in forefront of this wave for over a decade and this Fund is the next logical step for us.”

Natarajan Malupillai, Group CEO of IITM Research Park, says,

“India’s deep-tech ecosystem is at a pivotal moment, driven by supportive policies, sustained R&D investments, and a strong entrepreneurial aspiration among our youth. This fund will accelerate the scale-up of mission-driven, globally competitive startups while strengthening India’s culture of innovation & entrepreneurship. We are pleased to partner with Unicorn India Ventures to advance India’s deep-tech leadership—imagining, designing, and building in India for the world.”

Bhaskar Majumdar, Managing Partner, Unicorn India Ventures, says,

“It is an honour to be selected by IITM & IITMRP, which have been the backbone of deep tech innovation in India. With our proven understanding of deep tech, we believe we have the resources and the network to support early-stage deep tech companies. As an active deep tech investor, we have already built a portfolio of nearly 30 companies and this new fund in partnership with IITMRP comes at the right time as we have met numerous innovative deep tech companies in the last 2 years. India has the talent, capital and patient investors like us and IITM to pool in our collective knowledge, resources and industry connections to help the next generation of deep tech founders.”

The fund will deploy 60% of the investable corpus to build the initial portfolio and reserve 40% for follow-on rounds to ensure that there is enough “Patient Capital” to back winners through the “Valley of Death”. Significant portion of the companies will be sourced from IITM’s ecosystem and balance from the wider Indian deep tech ecosystem.

Unicorn India Ventures, as the fund manager will leverage its ability to mobilise capital beyond the primary fund corpus and build a robust co-investment engine to ensure that portfolio companies are never capital starved. The Fund will take the lead in raising the corpus from IITM alumni, and its global network of LPs comprising family offices, UHNIs, and large Indian institutions.

South Indian Bank CFO Commends RBI’s Neutral Repo Rate Stance

Mr. Vinod Francis, Chief Financial Officer, South Indian Bank, on the recent RBI MPC announcement:

“The RBI’s decision to keep the repo rate unchanged at 5.25% while maintaining a neutral stance reflects confidence in a benign inflation outlook and resilient economic growth. The upward revision in FY26 GDP growth, along with the RBI’s assessment that system-level parameters for banks remain sound, reinforces confidence in the sector’s ability to support sustained economic expansion. For banks, a stable rate environment enables effective transmission of policy measures, disciplined balance sheet management, and calibrated credit growth across key segments.

The continued focus on data-driven policymaking, supported by the upcoming new GDP and inflation series, further enhances predictability for lenders. At the same time, initiatives such as the proposed guidelines for Kisan Credit Cards and the ongoing emphasis on MSME and rural credit align well with our strong presence in these segments, positioning the Bank to deepen credit penetration while maintaining asset quality and capital strength.”

Dubstep Launches ‘Love on Loop’ Campaign with Limited-Edition Valentine’s Earbud

Dubstep launches ‘Love on Loop’ Campaign and Limited-Edition ‘Buzz X12 – Love Edition’ Wireless Earbuds Exclusively on Instamart for Valentine’s Day

Feb 06: This Valentine’s Day, Dubstep, the fast-fashion consumer tech brand from the Nu Republic Universe, has rolled out its seasonal Valentine’s Day campaign ‘Love on Loop’, built around impulse-led gifting, music, and quick-commerce behaviour. The campaign coincides with the launch of the Dubstep® Buzz X12 Wireless Earbuds – Love Edition, available exclusively on Instamart.

Designed to reflect how young consumers increasingly shop for occasions, Love on Loop targets last-minute Valentine’s Day shoppers who prioritise speed, experience, and emotional value over advance planning. By leveraging Instamart’s quick-delivery ecosystem, the campaign positions spontaneity not as a compromise, but as a feature of modern gifting.

As part of the campaign, customers purchasing eligible Dubstep® products on Instamart during the campaign period stand a chance to win curated Valentine’s rewards. Nine winners will receive dinner vouchers worth INR 3,000 each, while one grand prize winner will win air tickets for two to Goa, along with a chance to meet actor Abhay Deol, subject to availability and scheduling.

Commenting on the campaign, Ujjwal Sarin, Founder, Nu Republic Universe, said,

“Valentine’s Day is about moments, not planning weeks in advance. With Love on Loop, we wanted to blend instant access with real emotion. Dubstep® is built for spontaneity — loud, expressive, and ready when you are. Partnering with Instamart lets us deliver that vibe in minutes.”

As part of the Valentine’s Day collection, Dubstep® has introduced the Buzz X12 Wireless Earbuds in a bold, passion-red finish with metallic accents, created exclusively for the season. These earbuds are powered by Bluetooth v5.4 and tuned with X-Bass® technology to deliver deep bass and clear vocals. Equipped with Environmental Noise Cancellation (ENC), the earbuds ensure clearer calls even in noisy surroundings. With up to 60 hours of total playtime, intuitive touch controls, and a comfortable all-day fit, the Buzz X12 is designed for both everyday listening and Valentine’s gifting.

The Dubstep® Buzz X12 Wireless Earbuds – Love Edition will be available exclusively on Instamart at an offer price of INR 599 for a limited period, giving consumers across India a quick and convenient way to celebrate Valentine’s Day through expressive audio gifting.

Mamaearth Appoints Sreeleela as Hair Care Brand Ambassador, Launches Valentine’s Film

Mamaearth Onboards Sreeleela as Hair Care Category Brand Ambassador; Unveils Valentine’s Day Film for Rosemary Anti-Hair Fall Shampoo

Feb 06:  Mamaearth, India’s leading purpose-driven personal care brand, has unveiled its latest campaign for the Rosemary Anti-Hair Fall Shampoo, onboarding South Indian and Bollywood actress Sreeleela as the new brand ambassador for the hair care range. With her youthful charm, authenticity, and strong Gen Z connect, Sreeleela brings a refreshing new energy to the brand.

This association marks a significant milestone in Mamaearth’s journey as well as in Sreeleela’s fast-rising career. Known for her natural appeal and inclination towards wellness, she strongly aligns with Mamaearth’s ethos of delivering effective personal care solutions rooted in natural, toxin-free ingredients.

Set in a packed cricket stadium, the campaign film features Sreeleela alongside actor and dancer Shantanu Maheshwari in a light-hearted, playful moment on the Kiss Cam. As the two share a close moment, the mood shifts when Shantanu runs his fingers through her hair, and a few strands come loose, instantly magnified on the stadium’s big screen. The crowd reacts, turning a personal moment into a very public one.

The film then introduces Mamaearth Rosemary Anti Hair Fall Shampoo, powered by the goodness of Rosemary and Methi Dana, as a solution designed to help reduce hair fall and strengthen hair. In a confident turn of events, the film closes with Sreeleela returning to the stadium with visibly healthier, fuller-looking hair, reclaiming the moment and ending the story on a strong, self-assured note.

Speaking about the campaign, Sreeleela said, 

“I’m excited to be a part of this campaign as it brings together a fun, relatable story that reflects real, everyday moments. The film addresses concerns like hair fall in a light and honest way, without exaggeration. What truly draws me to Mamaearth is the brand’s philosophy of using thoughtfully chosen, natural ingredients backed by proven efficacy. Being associated with a brand that addresses real consumer needs with effective, ingredient-led solutions makes this campaign feel authentic and meaningful to me.”

Snigdha Anand, SVP & Brand Head – Marketing, Mamaearth, added,

“With this campaign, our intent was to tell a story that feels familiar and easy to recognise, without over-dramatizing the concern. By placing hair fall in a moment of closeness and public visibility, the narrative remains honest while clearly establishing the product’s role. Welcoming Sreeleela as the new face of Mamaearth’s hair care category is a strategic step in strengthening our relevance with a younger, evolving consumer base, while continuing to focus on effective, ingredient-led hair care solutions.”

The campaign is rolled out across digital and social platforms, bringing ingredient-led hair care into everyday conversations through relatable storytelling. With Sreeleela at the forefront, Mamaearth continues to build a modern, trust-led narrative around hair fall, confidence, and solutions powered by nature.

RBI’s Steady Repo Rate Boosts Confidence in the Real Estate Sector

The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% has reinforced stability and confidence across the real estate sector. Industry leaders believe that a steady interest rate environment, coupled with the continued transmission of earlier rate cuts and the government’s increased public capital expenditure, is supporting resilient residential demand. For homebuyers, this policy clarity encourages long-term purchase decisions, while for the sector as a whole, it strengthens the outlook for sustained growth, employment generation, and urban development.

Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., said,

“The RBI’s decision to hold the repo rate steady at 5.25% offers stability for interest-rate–sensitive sectors like real estate in the current macroeconomic environment. With inflation remaining at manageable levels and the benefits of earlier rate cuts continuing to flow through to homebuyers in the form of improved affordability, residential demand has remained resilient. The Union government’s decision to raise public capital expenditure to ₹12.2 lakh crore in FY27, as announced in the Union Budget 2026, further strengthens the growth outlook through infrastructure-led development.

Supported by stable monetary policy and sustained public spending, the real estate sector will continue to play a pivotal role in driving economic growth, employment generation, and urban development across the country.”

Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, said,

“The RBI’s decision to keep the repo rate unchanged at 5.25% reinforces policy stability and provides a supportive backdrop for the residential real estate market. While a rate cut would have lowered borrowing costs, a steady interest rate environment enables homebuyers to take long-term purchase decisions with greater confidence and predictability. This is particularly relevant for the premium housing segment, where buyers place stronger emphasis on product quality, location, and long-term value creation rather than short-term rate movements.”

Vikas Bhasin, Managing Director, Saya Group, said,

“The RBI’s decision to maintain the status quo on policy rates is a positive and reassuring signal for the housing sector. Stability in interest rates plays a crucial role in homebuyer decision-making, as it reduces uncertainty and builds confidence among both end-users and investors. With home loan rates currently hovering around an affordable and comfortable level of approximately 7.5%, and expected to remain below 8% for an extended period, borrowing conditions remain supportive for residential purchases.”

Mr. Raoul Kapoor, Co CEO, Andromeda Sales and Distribution, said,

“The RBI’s decision to maintain a status quo on policy rates is largely in line with expectations, especially after the cumulative rate cut of 125 basis points in 2025. The transmission of these cuts is still playing out, with several banks yet to fully pass on the benefit to borrowers.

A cumulative reduction of 125 basis points over a 20-year loan tenure translates into an EMI reduction of approximately ₹80 per lakh per month, significantly improving affordability and enhancing borrowing capacity for big-ticket purchases such as homes.”

RBI Holds Repo Rate Steady, Signals Supportive Monetary Conditions for Growth

Rahul Goswami, CIO & MD, India Fixed Income, Franklin Templeton.

“The RBI’s decision to keep policy rates unchanged reflects its view that current monetary conditions remain supportive of economic growth. Following a cumulative 125 basis points of rate cuts, the central bank has also undertaken several liquidity-enhancing measures to ensure adequate system liquidity and effective transmission of policy rates. With GDP growth expected to remain resilient at around 7% and CPI inflation projected to align with the 4% target during the first half of FY27, the RBI is carefully weighing these factors. Additionally, the forthcoming revision of the GDP and CPI base years from February 2026 introduces statistical uncertainty, prompting the central bank to assess how these dynamics evolve before taking its next policy action”

Vinay Pai, MD & Head of Fixed Income, Equirus Group 

“The Reserve Bank of India, in its policy announcement today, kept the repo rate unchanged, in line with market expectations. In the days leading up to the policy, bond markets witnessed a rally driven by expectations of additional liquidity measures from the RBI, along with supportive movements in the foreign exchange market. The RBI has also dispensed with the requirement for certain NBFCs to obtain prior approval to open more than 1,000 branches. This step is expected to enhance ease of doing business and foster a more competitive environment among NBFCs, enabling them to expand their outreach more effectively.”

Gritzo Launches SuperMilk Inspired By Iconic Marvel Characters

Gritzo, India’s only Personalised Nutrition brand for Children from the founder of HealthKart, has launched a special-edition range of Marvel-branded SuperMilk for children, bringing together the world of Marvel into everyday nutrition. The range includes eight new products inspired by fan-favourites Iron Man and Black Panther, the range packs delicious flavour with great nutrition, designed to support growing children as they take on everyday adventures.

Inspired by Marvel’s epic storytelling and supported by Gritzo’s science-led approach, the new offerings are designed for children and teens. Young fans can pair the range with newly-launched official accessories featuring Marvel such as Iron Man and Black Panther sippers and keychains. Select packs of SuperMilk also include Marvel-inspired stickers and badges as collectibles.

Sushant Kotian, Brand Head, Gritzo, said, “This collection celebrates confidence, self-expression and the grit that helps children grow into their own potential. With Gritzo SuperMilk, we give parents nutrition options, and this collaboration adds a layer of entertainment and inspiration that we think young fans will naturally connect with.”

The new range reflects a growing focus on moving beyond baseline nutrition to create everyday moments that feel exciting and meaningful for children. Drawing inspiration from popular Super Hero characters and Gritzo’s commitment to supporting each child’s growth journey, it brings fandom and everyday nutrition in a way that children find exciting.

PHDCCI Backs RBI’s Neutral Stance as Rates Remain Unchanged

RBI Keeps Rates Unchanged; Neutral Stance Backed by Soft Inflation, Strong Growth, but challenging External Sector: PHDCCI

Monetary Policy Committee (MPC) of the Reserve Bank has decided to maintain the status quo on the policy repo rate at 5.25%, while maintaining neutral stance, given the backdrop of moderate headline inflation and high GDP growth for 2025-26 at 7.4% amidst geopolitical risks remains, said Mr. Rajeev Juneja.

On the inflation front, RBI’s assessment that headline CPI inflation has remained benign, with projections of 2.1 per cent for 2025–26, provides comfort to both consumers and producers. Moderation in food prices, stable core inflation (excluding food and fuel), and adequate buffer stocks are positive factors for price stability and GDP growth.

At the same time, the RBI’s acknowledgment of potential upside risks from geopolitical tensions, commodity price volatility, and precious metal prices highlights the need for continued vigilance, he added.

Stable interest rate environment, coupled with benign inflation expectations, can help sustain investment momentum. High capacity utilisation, healthy balance sheets of corporates and financial institutions, and robust credit growth are likely to support private sector investment decisions. The government’s continued thrust on capital expenditure is expected to crowd in private investment and strengthen medium-term growth prospects, said Mr. Rajeev Juneja.

Near-term outlook suggests that food supply prospects remain positive on the back of healthy kharif production and favourable rabi sowing, said Mr. Rajeev Juneja.

“RBI’s positive outlook on the external sector, particularly the expectation that merchandise exports may receive a boost from recently concluded EU-India FTA and US tariff deal. Trade diversification will help mitigate risks arising from a volatile global trade environment. However, for sustained export competitiveness continued focus on logistics efficiency, trade facilitation, and access to affordable finance for exporters, especially MSMEs”.

“RBI’s decision is growth-supportive and confidence-enhancing for industry. A predictable monetary policy framework, combined with ongoing structural reforms and fiscal support through public capex, can help India sustain its growth trajectory at the same time navigating global uncertainties. Continued coordination between monetary and fiscal policy to strengthen India’s macroeconomic fundamentals augurs well for long-term economic prospects,” says CEO and Secretary General, PHDCCI, Dr. Ranjeet Mehta.

NSE MD & CEO Welcomes Union Budget 2026–27, Highlights Fiscal Prudence and Market Reforms

Bhubaneswar, India, Feb 06: The Managing Director and Chief Executive Officer of the National Stock Exchange of India (NSE), Shri Ashishkumar Chauhan, today welcomed the Union Budget 2026–27, highlighting its balanced approach towards fiscal consolidation, infrastructure-led growth, deepening of financial markets, and strategic investments in future-ready sectors.

Commenting on the Budget, Shri Chauhan said,

“The Union Budget 2026–27—the first presented from Kartavya Bhavan and the ninth consecutive Budget by Hon’ble Finance Minister Nirmala Sitharaman—reinforces the message that strong economic growth and fiscal discipline can advance together.”

He noted that the Budget remains firmly on the fiscal consolidation path, with the fiscal deficit easing from 4.4% to 4.3% of GDP and debt-to-GDP declining from 56.1% to 55.6%, keeping India aligned with its medium-term target of 50% ±1% by FY31. According to him, this sends a strong signal of macro-economic stability and policy credibility to investors and global markets.

Infrastructure continues to be the central growth driver, with public capital expenditure rising by about 12% to ₹12.2 lakh crore, aimed at crowding in private investment, boosting productivity, and reducing logistics costs.

Shri Chauhan also welcomed measures to deepen financial markets, including calibrated increases in securities transaction tax (STT) on derivatives to curb excessive speculation, monetisation of PSU assets through REITs, the introduction of bond index derivatives, and a stronger market-making framework for corporate bonds. He added that the extension of the income tax exemption window for GIFT City from 10 to 20 years would enhance its attractiveness for foreign portfolio investors.

Urban finance received renewed emphasis through a push for municipal bonds, while regulatory reforms in foreign exchange and capital markets are expected to improve ease of doing business and strengthen India’s global financial integration. Allowing NRIs direct portfolio access to Indian equities, he noted, would help tap long-term diaspora capital.

Highlighting the forward-looking nature of the Budget, Shri Chauhan said it prioritises strategic sectors such as semiconductors, artificial intelligence, advanced manufacturing, bio-pharma, rare earths, tourism, and textiles, which are critical for driving innovation, exports, and high-quality employment.

“Overall, Union Budget 2026–27 combines fiscal prudence, infrastructure-led growth, market deepening, and future-ready reforms—laying a strong foundation for India’s journey towards Viksit Bharat 2047,” he said.

The National Stock Exchange of India (NSE) is India’s leading stock exchange, operating a modern, fully automated trading platform with nationwide reach and playing a pivotal role in the development of the country’s capital markets.