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Gati Ltd Q1FY24; 1% fall 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:

  • Gati Ltd reported Revenues for Q1FY24 of ₹426.19 Crores down from ₹431.00 Crore year on year, a fall of 1.12%.
  • Total Expenses for Q1FY24 of ₹432.28 Crores up from ₹432.10 Crores year on year, a rise of 0.04%.
  • Consolidated Net Profit of -₹2.75 Crores from ₹6.59 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.13, from ₹0.34 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: Supply chain
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