Gati Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 4,261.9 million compared to INR 4,310 million a year ago. Revenue was INR 4,283.7 million compared to INR 4,367.2 million a year ago.

Net loss was INR 16.7 million compared to net income of INR 42.3 million a year ago. Basic loss per share from continuing operations was INR 0.13 compared to basic earnings per share from continuing operations of INR 0.54 a year ago. Diluted loss per share from continuing operations was INR 0.13 compared to diluted earnings per share from continuing operations of INR 0.52 a year ago.