GTL net loss narrows to Rs 81 cr in third quarter

GTL’s consolidated net loss has narrowed to Rs 81.07 crore for the third quarter ended December 31, 2012, from a net loss of Rs 102.98 crore posted during the same period a year ago.

The telecom network services provider’s revenues rose by 12 per cent to Rs 715.67 crore for quarter under review, compared with Rs 638.68 crore in the same period last year. The finance costs stood at Rs 136.91 crore (Rs 100.93 crore) during the quarter