Gati announced that the Board of Directors of the Company at its meeting held on 28 May 2019, inter alia, have recommended the final dividend of Rs 0.8 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

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Net profit of Gati reported to Rs 8.28 crore in the quarter ended March 2019 as against net loss of Rs 5.90 crore during the previous quarter ended March 2018. Sales rose 1.06% to Rs 459.39 crore in the quarter ended March 2019 as against Rs 454.58 crore during the previous quarter ended March 2018.

For the full year,net profit declined 53.06% to Rs 18.36 crore in the year ended March 2019 as against Rs 39.11 crore during the previous year ended March 2018. Sales rose 7.34% to Rs 1863.19 crore in the year ended March 2019 as against Rs 1735.75 crore during the previous year ended March 2018.

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Gati will hold a meeting of the Board of Directors of the Company on 28 May 2019.

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Net profit of Gati declined 12.29% to Rs 4.21 crore in the quarter ended December 2018 as against Rs 4.80 crore during the previous quarter ended December 2017. Sales rose 7.15% to Rs 480.56 crore in the quarter ended December 2018 as against Rs 448.51 crore during the previous quarter ended December 2017.

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