Gati reports 33% fall in Q3 consolidated net profit

Gati has reported results for third quarter ended December 31, 2015.

The company has reported 93.98% fall in its net profit at Rs 82 lakh for the quarter under review as compared to Rs 13.61 crore for the same quarter in the previous year. Total income of the company has decreased by 6.28% at Rs 122.74 crore for quarter under review as compared to Rs 130.96 crore for the quarter ended December 31, 2014.

On the consolidated basis, the group has reported 32.95% fall in its net profit at Rs 7.67 crore for the quarter ended December 31, 2015 as compared to Rs 11.44 crore for the same quarter in the previous year. Total income of the company has decreased by 1.75% at Rs 420.47 crore for quarter under review as compared to Rs 427.98 crore for the quarter ended December 31, 2014.