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Gati standalone net profit rises 28.55% in the March 2017 quarter

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Capital Market

Sales decline 3.45% to Rs 121.76 crore

Net profit of Gati rose 28.55% to Rs 7.70 crore in the quarter ended March 2017 as against Rs 5.99 crore during the previous quarter ended March 2016. Sales declined 3.45% to Rs 121.76 crore in the quarter ended March 2017 as against Rs 126.11 crore during the previous quarter ended March 2016.

For the full year,net profit rose 50.13% to Rs 29.77 crore in the year ended March 2017 as against Rs 19.83 crore during the previous year ended March 2016. Sales rose 4.53% to Rs 494.41 crore in the year ended March 2017 as against Rs 472.98 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales121.76126.11 -3 494.41472.98 5 OPM %3.018.90 -9.179.13 - PBDT3.1410.94 -71 42.9938.52 12 PBT8.696.87 26 32.8822.33 47 NP7.705.99 29 29.7719.83 50

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First Published: May 08 2017 | 3:13 PM IST

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