Comments
Telecom tower company GTL Infrastructure on Saturday widened its net loss at Rs 83.95 crore for the quarter ended June 30, 2011, mainly on account of interest and finance charges.
The company had a net loss of Rs 19.32 crore during the April-June quarter of 2010, GTL Infrastructure said in a filing to the Bombay Stock Exchange.
However, total income rose to Rs 140.51 crore during the quarter under review, compared to Rs 110.45 crore in the same quarter last fiscal.
During the quarter, the company paid interest and finance charges of Rs 105.80 crore, up 143.49 per cent from last fiscal.
Yesterday, shares of GTL Infrastructure closed at Rs 12.56 on the BSE, down 2.86 per cent from previous close.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.