Gati Reports Rs 3.7 Crore Loss in Q2 FY24
By Rediff Money Desk, NEWDELHI Nov 03, 2023 19:43
Gati Ltd posted a consolidated loss of Rs 3.79 crore in the July-September quarter, compared to a profit of Rs 7.65 crore in the same period last year. Revenue increased to Rs 445.37 crore.
New Delhi, Nov 3 (PTI) Logistics company Gati Ltd on Friday reported a consolidated loss of Rs 3.79 crore in the quarter ended September 2023.
The company had posted a consolidated profit of Rs 7.65 crore in the year-ago period, Gati Ltd said in a filing to BSE.
Consolidated income stood at Rs 445.37 crore in July-September period, which was higher from Rs 442.60 crore recorded a year ago.
The company is engaged in the business of express logistics through its flagship subsidiary 'Gati Express & Supply Chain Pvt Ltd' (formerly known as Gati Kintetsu Express Private Limited) and fuel stations.
The company had posted a consolidated profit of Rs 7.65 crore in the year-ago period, Gati Ltd said in a filing to BSE.
Consolidated income stood at Rs 445.37 crore in July-September period, which was higher from Rs 442.60 crore recorded a year ago.
The company is engaged in the business of express logistics through its flagship subsidiary 'Gati Express & Supply Chain Pvt Ltd' (formerly known as Gati Kintetsu Express Private Limited) and fuel stations.
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