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Showing posts from September, 2010

Gati - results update.

Gati - results update:

GATI reported its FY10 results which are below market estimates on the profitability front due to pressure on its shipping business and losses from cold chain business and international operations.

Some of the key factors include:

• Strong growth in express distribution and supply chain management business.
• Looking to demerge coast-to-coast shipping business.
• Set up Redsun Supply Chain Solutions business.