The company announced the result after market hours on Tuesday, 6 May 2014.

Meanwhile, the BSE Sensex was down 17.21 points, or 0.08%, to 22,491.21.

On BSE, so far 2.76 lakh shares were traded in the counter, compared with an average volume of 7.49 lakh shares in the past one quarter.

The stock hit a high of Rs 88.40 and a low of Rs 85.60 so far during the day. The stock hit a 52-week high of Rs 94.20 on 2 April 2014. The stock hit a 52-week low of Rs 22.65 on 2 August 2013.

The stock had underperformed the market over the past one month till 6 May 2014, falling 4.83% compared with the Sensex's 0.67% rise. The scrip had, however, outperformed the market in past one quarter, rising 26.44% as against Sensex's 10.82% rise.

The small-cap company has an equity capital of Rs 17.45 crore. Face value per share is Rs 2.

Gati's consolidated earnings before interest taxes depreciation and amortization (EBITDA) rose 43% to Rs 32.20 crore in Q3 March 2014 over Q3 March 2013.

Commenting on the company's quarterly performance, Mr. Mahendra Agarwal, Founder & CEO, Gati said, “Gati has continued to be resilient to the economic slowdown due to high operational efficiency, specialised service offerings, aggressive stance on new business development and time-definite delivery services. Our foray in the e-commerce segment and innovation by offering value-added services has opened up opportunities that are we are harnessing to realise to full potential.”

“Going forward, we are upbeat on the performance of EDSC and e-commerce businesses with the opening up of the market to new players and a pick-up in trade,” he added.

Gati is pioneer and leader in Express Distribution and Supply Chain Solutions in India delivers 5.2 million packages per month. Having started as a cargo management company in 1989, Gati has grown into an organization with more than 4,000 business partners and a network reach of 653 out of total 657districts in India. Gati has over 4500 vehicles on the road excluding their fleet of refrigerated vehicles, container shipping vessels and world class warehousing facilities across India. Furthermore, Gati has a strong market presence in the Asia Pacific region and SAARC countries. Gati has offices in India, Singapore, Hong Kong, China, Nepal and Thailand.