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Allcargo Gati Ltd Q2FY24; 1% rise in Revenue

Gati Ltd is primarily engaged in express distribution and supply chain solution through surface, air and rail logistics, supply chain management (SCM), E-comm logistics, freight forwarding and cold chain – transportation and warehousing. It also operates fuel stations across various locations.

Financial Results:

Allcargo Gati Ltd reported Revenues for Q2FY24 of ₹441.51 Crores up from ₹435.15 Crore year on year, a rise of 1.46%.

Total Expenses for Q2FY24 of ₹451.34 Crores up from ₹435.93 Crores year on year, a rise of 3.53%.

Consolidated Net Profit of -₹3.79 Crores from ₹7.65 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.15, from ₹0.47 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: cargo
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