GATI Q4FY17 Result

GATI Ltd. reported its results for the quarter ended December 31, 2016 during early market hours today. Total sales for this quarter, Q3FY17, came in at Rs. 414.94 crore. This represents a 2.34 per cent sequential decline and 3.06 per cent YoY decline.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 20.31 crore and the EBIT margin stood at 4.89 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs. 9.29 crore which represents a sequential QoQ increase of 86.55 per cent and a YoY decline of 40.22 per cent.

Gati Limited is an Indian company with business interest in the Express Distribution and Supply Chain Solutions in India. The companys operating business segment consist of Express distribution & supply chain solution and coast to coast(shipping). The company has over 4000 vehicles on road,fleet of refrigerated trucks,container vessels and world class mechantronic warehousing facilities across India