Credit rating agency, India Ratings & Research has assigned Gati’s Long-Term Issuer Rating of ‘A-‘ with stable outlook. The rating assigned will be further leveraged by the company to optimize interest cost in the coming quarters.
Gati is a leading player in express distribution and logistics and operates through two divisions - Express Distribution & Supply Chain (EDSC) and Coast- to-Coast (C2C) division. It also operates two container yards at Chennai and Port Blair which increases capability and provides for efficient handling of the cargo.