Gateway Distriparks Limited (GDL) reported sequential improvement (not comparable y-o-y due to IND AS 116 adjustments) in performance for Q2FY2020. The CFS and Rail verticals reported 6% plus q-o-q improvement in EBITDA per TEU leading to 11% q-o-q rise in consolidated operating profit. The consolidated net revenue was up 3.5% y-o-y aided by rail (volume rise by 9% y-o-y). For rail, an increase in market share in Ludhiana, price hike taken at the start of FY2020 and reduction in variable costs improved profitability despite lower double stacking....