Financial Daily
from THE HINDU group of publications
Friday, August 10, 2001
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Financial Daily from THE HINDU group of publications Friday, August 10, 2001 |
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GATI to pay 40%
Our Bureau
HYDERABAD, Aug. 9
GATI Ltd, a retail express cargo and logistics solutions provider, has recorded an increase in operating profit from Rs 16.53 crore to Rs 17.89 crore for 2000-2001 on a turnover of Rs 250 crore. The turnover is Rs 46 crore more when compared with the pr
evious year.
The company has earned a net profit of Rs 8 crore and declared a dividend of 40 per cent on an enhanced paid-up share capital. Its earnings per share has gone up to Rs 9.68.
According to a statement, the company had made heavy investments on brand-building through information technology for customer service and online real-time tracking system and this had enabled it to forge ahead despite the economic slowdown.
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