Monday, October 29, 2012

Gati posts net loss at Rs 7.8 cr in Q2, stock down 4%


Gati, a cargo services provider, has posted a consolidated net loss of Rs 7.8 crore in the July-September quarter of FY13 as against profit of Rs 4.5 crore in a year ago period.

Consolidated income from operations fell 7 percent to Rs 298 crore from Rs 321 crore during the same period.

At 15:19 hours IST, the share price tumbled 3.8 percent to Rs 35.55 on the Bombay Stock Exchange.
declined 9 basis points to 0.88 percent in the second quarter of FY13.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal 
Head Dealer 
DENIP Consultants Pvt Ltd

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