`

Feedback

Reader's Poll

Which of the following technologies/concepts are likely to witness significant traction this year?
 
Any data to show

Teledata

Tele Data

Mobile Subscribers Yearwise comparision

Error
  • JUser::_load: Unable to load user with id: 1679

GTL Infrastructure reports 14.3 per cent year-on-year increase in net loss for the quarter ended September 2015

November 06, 2015
E-mail Print PDF

GTL Infrastructure has reported a 14.3 per cent increase in net loss from Rs 1.47 billion for the quarter ended September 2014 to Rs 1.68 billion for the quarter ended September 2015. This was on account of a decline in the company’s revenues from Rs 1.48 billion to Rs 1.57 billion during the same period.

GTL has attributed this decline to the overall slowdown in the telecom industry during recent years, slow growth of 3G technology, and inflationary costs of power and fuel. Due to the overall set back in its business operations, the company incurred cash losses. The company has, however, stated that it continues to take various measures such as cost optimisation, improvement in operating efficiency and renegotiation of contracts with customers to improve its operating results and cash flows.

 
 
  • Most Viewed
  • Most Rated
  • Most Shared
  • Related Articles

No Most Rated articles exists!!

 Your cart is empty

Monday morning

Monday morning