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GTL Infrastructure reports losses worth Rs 1.56 billion for the quarter ended June 2014
August 13, 2014
GTL Infrastructure Limited reported a 77.27 per cent increase in losses from Rs 0.88 billion for the quarter ended June 2013 to Rs 1.56 billion for the quarter ended June 2014. The total income from operations grew by 2.83 per cent in the same time period. It increased from Rs 1.41 billion in April-June 2013 to Rs 1.45 billion in April-June 2014.
The earnings before interest, taxes, depreciation and amortisation (EBITDA) for GTL Infrastructure reduced by 4.06 per cent from Rs 715.4 million for the quarter ended 2013 to Rs 686.6 million for the quarter ended 2014.
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