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Excon, Excon 2011 Biggest Construction Equipment Trade fair India.

 
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Performance Highlights  

GTL registers revenue growth of 17% on Y-o-Y basis; Net Profit grows by 60%

 
7/18/2009 1:57:00 PM

Mumbai, July (EPC News): GTL Limited today announced un-audited results of the Company (including its International subsidiaries on consolidated basis) for the quarter ended June 30, 2009. Highlights for the quarter ended June 30, 2009

Consolidated Revenue from Global Operations was Rs.490.71 Crores for the quarter ended June 30, 2009 as against Rs. 418.84 Crores for the corresponding quarter in the previous year, recording a Y-o-Y growth of 17% •Operating Profit for the quarter ended June 30, 2009 was Rs. 75.81 Crores as against Rs. 65.54 Crores for the corresponding quarter in the previous year, recording a Y-o-Y growth of 16% •Net Profit for the quarter ended June 30, 2009 was Rs. 53.26 Crores as against Rs. 33.26 Crores for the corresponding quarter in the previous year, recording a Y-o-Y growth of 60% GTL is the leading Network Services provider and has a vision to become world’s largest Network Services provider. The gross profit for the quarter ended June 30, 2009 was Rs 123.85 Crores (25.24% of revenue) as against Rs 106.16 Crores (25.35% of revenue) during the corresponding quarter in the previous year. The Selling & Marketing Expenses decreased to 2.74% of revenue (Rs 13.43 Crores) in the current quarter from 2.78% of revenue (Rs 11.64 Crores) in the corresponding quarter for the previous year. Administration Expenses were Rs 34.61 Crores (7.05% of revenue) in the current quarter as against Rs. 28.98 Crores (6.92 % of revenue) in the corresponding quarter for the previous year. Depreciation charged for the quarter stood at Rs. 13.98 Crores as against Rs 11.61 Crores in the corresponding quarter of last financial year. The Company accounted for Other Income of Rs. 20.85 Crores for the current quarter as against a loss of Rs. 5.45 Crores in the corresponding quarter of the previous year.

 
 
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