Gati Ltd. announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on consolidated basis, the company reported income from operations of INR 3,612.6 million against INR 3,576.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 241.1 million against INR 223.3 million a year ago. Profit before tax was INR 157.7 million against INR 164.9 million a year ago. Net profit for the period was INR 76.7 million or INR 0.65 diluted per share against INR 114.4 million or INR 0.96 diluted per share a year ago.

For the nine months, on consolidated basis, the company reported income from operations of INR 10,657.8 million against INR 10,326.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 644.8 million against INR 817.1 million a year ago. Profit before tax was INR 405.5 million against INR 575.8 million a year ago. Net profit for the period was INR 212.9 million or INR 1.80 diluted per share against INR 298.7 million or INR 2.52 diluted per share a year ago.

For the quarter, on standalone basis, the company reported income from operations of INR 739.5 million against INR 676.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 23.8 million against INR 151.4 million a year ago. Profit before tax was INR 10.4 million against INR 139.6 million a year ago. Net profit after tax was INR 8.2 million or INR 0.07 diluted per share against INR 136.1 million or INR 1.15 diluted per share a year ago.

For the nine months, on standalone basis, the company reported income from operations of INR 2,050.2 million against INR 1,524.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 198.5 million against INR 260.7 million a year ago. Profit before tax was INR 154.5 million against INR 214.8 million a year ago. Net profit after tax was INR 138.3 million or INR 1.17 diluted per share against INR 205.0 million or INR 1.73 diluted per share a year ago.