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GTL Ltd Q1FY24; 93% fall in Profits

GTL is a Network Services company, offering services and solutions to address the Network Life Cycle requirements of Telecom Operators, Technology providers (OEM’s), and Tower Companies. The company is serving the leading Telecom Operators, Technology providers (OEM’s), and Tower Companies.


Financial Results:

  • GTL Ltd reported Revenues for Q1FY24 of ₹46.11 Crores down from ₹47.20 Crore year on year, a fall of 2.31%.
  • Total Expenses for Q1FY24 of ₹43.55 Crores down from ₹80.72 Crores year on year, a fall of 46.05%.
  • Consolidated Net Profit of ₹4.86 Crores down 92.81% from ₹67.55 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.31, down 92.77% from ₹4.29 in the same quarter of the previous year.
Tags: Network
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