Gati Ltd Q4 Result Revenue from Operations grows by 7.3% to 3 18,632 mn

Gati Ltd Q4 Result Revenue from Operations grows by 7.3% to 3 18,632 mn

 

Gati Ltd FY19 Revenue from Operations grows by 7.3% to 3 18,632 mn

GATI Ltd  lndia’s leader in Express Distribution and Supply Chain Solutions, declared its financial results for the fourth quarter and Fiscal year ended 3lst March 2019.

Gati Ltd.  registered 3 18,632 mn in revenue from operations, up 7.3% over last year. The
consolidated PET is at 3 355 mn in FY19. Last year this figure was Rs 780 mn (which included onetime
FCCB conversion income of Rs 487 million).

The core business under Gati ~Kintetsu Express Private Ltd (GKEPL) registered a revenue from operations
of 3 12,288 mn for FY19, up 5.4% from 3 11,663 in FY18.

Gati standalone (ecommerce business 8L others), increased its revenue from operations by 15.7% to §
5,162 mn in FY19 delivering consistent value for its ecommerce customers.
Gati Kausar (Cold Chain Division) turned around a negative EBITDA of § 33 mn in FY18 to a positive
EBITDA of ? 28 mn in FY19.

Gati looks forward to building up towards the 2022 mission of delivering a million packages per day and
becoming the leader in end to end logistics services. Many of the ongoing capability improvement drive
focus on multifold increase in last mile partner, new ground operating units, strengthening of air
network amongst others.

Gati was honored with multiple awards from national industrial bodies and industry leaders across
healthcare, auto among others for our continuing service excellence and customer centricity.
Gati’s Founder and CEO. Mr. Mahendra AganNal, stated, ”We have further strengthened the value
proposition and portfolio of offerings to become a one stop logistics solution provider for our
customers. We are excited by the continuous buildup of our capabilities and we look forward to a strong
FY20.”

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