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Almost 67% of Gati’s ecommerce business orders are Cash On Delivery

(By Archana Sharma and Shashidhar KJ) Close to 67% of Gati's ecommerce orders are paid with cash on delivery, Gati's director of finance Sanjeev Jain said during a call with analysts. The Hyderabad-based logistics company also said that its e-fulfillment business, i.e. shipping and packaging orders for ecommerce firms, saw about 16,000 orders per day in between January and March 2016 (Q4 FY16). "Actually in the volumes of the e-fulfillment centres (EFC), there was a slight dip over last quarter because last quarter was what you call the festival season where we were doing kind of 3x of our capacity during that period so, this quarter we did about 16,000 packages a day," Dhruv Agarwal, EVP of Gati-Kintetsu said. He added that during Flipkart's Big Billion sale, the company was processing close to 45,000 to 50,000 orders per day across the country. Gati's e-fulfillment centres have a capacity to process 72,000 orders per day. Gati's Numbers: 67% of the orders were cash on delivery in Q4-FY16 Ecommerce revenues in Q4-FY16 were Rs 63 crore 16000 packages per day shipped During Flipkart's big billion sale: 45,000-50,000 per day Ecommerce business was Rs 232 crore for the year, of which E-fulfillment centres business was Rs 25 crore Change in shipping weight mix contributed to ecommerce business During the quarter ended March 2016, Gati's revenue from ecommerce logistics grew 52% year-on-year  to Rs 63 crore. The company partially attributed the high growth to the change in weight mix of the packages processed. "Actually over the last couple of…

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