Gati consolidated net profit declines 40.22% in the March 2017 quarter

Sales decline 3.35% to Rs 410.28 crore

Net profit of Gati declined 40.22% to Rs 9.29 crore in the quarter ended March 2017 as against Rs 15.54 crore during the previous quarter ended March 2016. Sales declined 3.35% to Rs 410.28 crore in the quarter ended March 2017 as against Rs 424.52 crore during the previous quarter ended March 2016.

For the full year,net profit declined 19.88% to Rs 29.51 crore in the year ended March 2017 as against Rs 36.83 crore during the previous year ended March 2016. Sales rose 0.95% to Rs 1672.27 crore in the year ended March 2017 as against Rs 1656.56 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales410.28424.52 -3 1672.271656.56 1 OPM %5.218.92 -6.697.90 - PBDT14.9234.09 -56 85.02103.14 -18 PBT13.8724.27 -43 50.2464.82 -22 NP9.2915.54 -40 29.5136.83 -20

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