This logistics company did not have a very good Q4FY17. Its consolidated revenue dropped 4% (YoY) at Rs.418 crore and net profit was down by a sharp 40% at Rs.9 crore.

Total expenses were up at 94.5% of total income compared to 92% in previous Q4. Its interest outgo for the quarter rose 11% at Rs.10 crore.  The post festive slowdown in ecommerce industry and the slow tapering down of the after effect of demonetization on both B2B and B2C segments had a material impact on the company’s performance.

Gati ended Fy17 with a 3% drop in consolidated revenue at Rs.418 crore while net profit dropped 20% at Rs.29 crore.

The company’s equity is at Rs.17.64 crore and EPS for the year is at Rs.3.35 (FV of Rs.2).