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Wednesday, Jul 28, 2004
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 Info-Tech - Financial Performance


GTL net almost doubles

Our Bureau

MUMBAI: GTL Ltd has posted a net profit of Rs 43.1 crore for the quarter ended June 30, 2004 compared to Rs 24.8 crore for the quarter ended June 30, 2003.

The company's revenues at Rs 156.6 crore showed a 10.74 increase compared to Rs 141.4 crore recorded during the corresponding quarter last year.

On a consolidated basis, the group posted a net profit of Rs 45.9 crore for the quarter (Rs 22.9 crore). Its revenues accounted for Rs 190 crore (Rs 164 crore), up by 15.85 per cent.

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