Logistics company Gati today said it has reported a net loss of Rs 17.06 crore for the quarter ended March 31, 2009.
In a filing to the Bombay Stock Exchange, Gati said it had a net profit of Rs 3.22 crore in the same quarter last fiscal.
"The financial results for the quarter is after considering the loss on freighter business of Rs 1.9 crore for the quarter, and Rs 18.32 crore for nine month ended March 31, 2009," the company said.
Net sales of the company rose to Rs 151.01 crore during the quarter under review against Rs 146.35 crore in the same quarter ended March 31, 2008.
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