Saturday, August 4, 2012

GTL posts net loss of Rs 204 cr in Q1


E-business solutions provider GTL  has posted a consolidated net loss of Rs 204 crore in the first quarter of financial year 2012-13 as against profit of Rs 13 crore in a year ago period.

Consolidated net sales fell by 24.4% to Rs 620 crore from Rs 820 crore during the same period.

Other income too declined sharply to Rs 4 crore in the June quarter from Rs 56.7 crore in the corresponding quarter of last fiscal.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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