Summary of Key Information:

Reporting Period (Quarter/Year): Quarter Ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 and 33

Audit Opinion:

Unmodified conclusion (clean) on both standalone and consolidated financial results, with emphasis of matter regarding accounting treatment of composite scheme of arrangement.

Key Financial Highlights [₹ in Crores]:

Standalone Results:

Income Statement:

  • Revenue from Operations: ₹546 crore (Q1 FY26: ₹491 crore; Q4 FY26: ₹514 crore)
  • Other Income: ₹14 crore (Q1 FY26: ₹5 crore; Q4 FY26: ₹8 crore)
  • Total Income: ₹560 crore (Q1 FY26: ₹496 crore; Q4 FY26: ₹522 crore)
  • Operating Expenses: ₹383 crore (Q1 FY26: ₹345 crore; Q4 FY26: ₹360 crore)
  • Employee Benefits Expenses: ₹54 crore (Q1 FY26: ₹55 crore; Q4 FY26: ₹52 crore)
  • Finance Cost: ₹15 crore (Q1 FY26: ₹17 crore; Q4 FY26: ₹15 crore)
  • Depreciation and Amortisation Expenses: ₹51 crore (consistent with both comparable periods)
  • Other Expenses: ₹38 crore (Q1 FY26: ₹40 crore; Q4 FY26: ₹41 crore)
  • Total Expenses: ₹541 crore (Q1 FY26: ₹508 crore; Q4 FY26: ₹519 crore)

Profitability:

  • Profit Before Exceptional Items and Tax: ₹19 crore (Q1 FY26: ₹(12) crore loss; Q4 FY26: ₹3 crore)
  • Exceptional Items: ₹0 crore (Q1 FY26: ₹6 crore; Q4 FY26: ₹12 crore)
  • Profit Before Tax: ₹19 crore (Q1 FY26: ₹(6) crore loss; Q4 FY26: ₹15 crore)
  • Total Tax Expense: ₹5 crore (Q1 FY26: ₹4 crore; Q4 FY26: ₹(4) crore credit)
  • Profit from Continuing Operations after Tax: ₹14 crore (Q1 FY26: ₹(10) crore loss; Q4 FY26: ₹19 crore)
  • Loss from Discontinuing Operations after Tax: ₹(0) crore (Q1 FY26: ₹1 crore profit)
  • Profit for the Period: ₹14 crore (Q1 FY26: ₹(9) crore loss; Q4 FY26: ₹19 crore)
  • Total Comprehensive Income: ₹14 crore (Q1 FY26: ₹(9) crore loss; Q4 FY26: ₹20 crore)

Balance Sheet & Capital:

  • Paid-up Equity Share Capital: ₹300 crore (Face Value ₹2 per share)
  • Other Equity: ₹272 crore (as of March 31, 2026)
  • Earnings Per Share (Basic): ₹0.09 (Q1 FY26: ₹(0.06) loss; Q4 FY26: ₹0.13)

Consolidated Results:

Income Statement:

  • Revenue from Operations: ₹546 crore (Q1 FY26: ₹491 crore; Q4 FY26: ₹514 crore)
  • Other Income: ₹14 crore (Q1 FY26: ₹5 crore; Q4 FY26: ₹11 crore)
  • Total Income: ₹560 crore (Q1 FY26: ₹496 crore; Q4 FY26: ₹525 crore)
  • Total Expenses: ₹541 crore (Q1 FY26: ₹508 crore; Q4 FY26: ₹521 crore)

Profitability:

  • Profit Before Exceptional Items and Tax: ₹19 crore (Q1 FY26: ₹(12) crore loss; Q4 FY26: ₹4 crore)
  • Exceptional Items: ₹0 crore (Q1 FY26: ₹6 crore; Q4 FY26: ₹12 crore)
  • Profit Before Tax: ₹19 crore (Q1 FY26: ₹(6) crore loss; Q4 FY26: ₹16 crore)
  • Total Tax Expense: ₹5 crore (Q1 FY26: ₹4 crore; Q4 FY26: ₹(4) crore credit)
  • Profit from Continuing Operations after Tax: ₹14 crore (Q1 FY26: ₹(10) crore loss; Q4 FY26: ₹20 crore)
  • Loss from Discontinuing Operations after Tax: ₹(0) crore (Q1 FY26: ₹1 crore profit)
  • Profit for the Period: ₹14 crore (Q1 FY26: ₹(9) crore loss; Q4 FY26: ₹20 crore)
  • Total Comprehensive Income: ₹14 crore (Q1 FY26: ₹(9) crore loss; Q4 FY26: ₹20 crore)

Balance Sheet & Capital:

  • Paid-up Equity Share Capital: ₹300 crore (Face Value ₹2 per share)
  • Other Equity: ₹274 crore (as of March 31, 2026)
  • Earnings Per Share (Basic): ₹0.09 (Q1 FY26: ₹(0.06) loss; Q4 FY26: ₹0.13)

Segment-wise Performance:

The Chief Operating Decision Maker reviews the entire business as one reportable segment namely "domestic logistics services." The company is discontinuing the Fuel stations business.

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities were announced in this board meeting.

Other Significant Information:

Business Restructuring:

  • Composite Scheme of Arrangement approved by NCLT and effective from November 1, 2025.
  • Demerger of International Supply Chain business to Allcargo Global Limited with appointed date October 1, 2023.
  • Merger of Allcargo Supply Chain Private Limited and Gati Express and Supply Chain Private Limited into Allcargo Gati Limited, followed by merger of AGL into company.
  • Comparative figures for Q1 FY25 restated to reflect these changes.

Discontinued Operations:

  • Fuel stations business classified as discontinued operation under Ind AS 105.
  • Q1 FY26 revenue from discontinued operations: ₹18 crore (Q1 FY25: ₹46 crore)
  • Subsequent to March 31, 2026, Bangalore fuel station sold for ₹2.52 crore with loss of ₹0.1 crore recognized during quarter.

Subsidiaries and Associates:

Consolidated results include: Subsidiaries - Gati Import Export Trading Limited, Zen Cargo Movers Private Limited, Gati Logistics Parks Private Limited, Gati Projects Private Limited, Transindia Logistic Park Private Limited; Associate - Gati Ship Limited.