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Gati reports consolidated net profit of Rs 4.60 crore for Q1FY14

07 Nov 2013 Evaluate

Gati has reported results for the first quarter ended September 30, 2013.

The company has reported 62.26% rise in its net profit at Rs 1.72 crore for the quarter as compared to Rs 1.06 crore for the same quarter in the previous year. Total income of the company has increased by 220.54% at Rs 78.31 crore for quarter under review as compared to Rs 24.43 crore for the quarter ended September 30, 2012.

On consolidated basis, the Group reported net profit of Rs 4.60 crore for the quarter ended September 30, 2013 against net loss of Rs 7.79 crore for the quarter ended September 30, 2012. Total Income grew by 21.79% at Rs 363.30 crore for the quarter against Rs 298.29 crore for the first quarter of previous year.

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