Gati reports 72% rise in Q1 consolidated net profit

07 Aug 2014

Gati has reported results for first quarter ended June 30, 2014.

The company’s net profit has declined by 67.29% at Rs 3.35 crore as compared to Rs 10.24 crore for the quarter ended June 30, 2013. However, its total income from operations has increased by 28.13% to Rs 95.34 crore for the quarter under review from Rs 74.41 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 71.64% rise in its net profit at Rs 11.50 crore for the quarter as compared to Rs 6.70 crore for the same quarter in the previous year. Its total income from operations has increased by 23.40% at Rs 397.63 crore for quarter under review as compared to Rs 322.23 crore for the quarter ended June 30, 2013.

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