Gati Q3 net profit up 11 per cent

Logistics player Gati today posted 11.21 per cent rise in its net profit at Rs 5.85 crore for the December quarter.

The company, which is present in express delivery and supply chain management, had posted a post-tax net at Rs 5.26 crore in the corresponding quarter last year, it said in an exchange filing.

Its total income was up 12 per cent at Rs 338 crore during the reporting quarter versus the Rs 302 crore, it said in an e-mailed statement.

On the Bombay Stock Exchange, shares in Gati gained 2.67 per cent to close at Rs. 36.50 a piece on Monday. The 30-share Sensex was up 0.82 per cent.