Shashi Kiran Shetty, chairman & managing director of the company has been appointed as non-executive chairman of GKEPL with effective from today.
On consolidated basis, the company reported net loss of Rs 16 crore in Q4 FY23 as compared with net loss of Rs 22.38 crore in Q4 FY22. Net sales jumped 10.3% year on year to Rs 415.67 crore in Q4 FY23.
Gati is primarily engaged in the business of E-commerce logistics, Integrated Freight Forwarding (Domestic and International) and running of fuel stations.
Gati rose 1.65% to Rs 116.80 on the BSE.