Gati Ltd Q2 FY10 : Profit zooms 5.40 times

by khalid on 22/10/2009 · 0 comments

gati

Gati Limited, a pioneer and leader in the Express Distribution, has posted a significant rise in net profit for the Q2 of the current fiscal (FY10). During the said quarter, profit rose 5.40 times to Rs 2.27 crore from Rs 0.42 crore in the same quarter previous year(FY09).

The company informed the market that net sales in the present Q2 of current fiscal (FY10) is Rs 963.83 crore and it is a decline of 44.42% as compared to the corresponding quarter of the last fiscal (FY09). Total income too decline by 43.95% to Rs 978.12 crore as compared to Rs 1745.12 crore of corresponding quarter of last fiscal (FY08).

Gati share’s CMP is Rs 62.45 on 20th Oct 09.

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