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GTL Infrastructure reports 7.45 per cent fall in net loss for the quarter ended March 2016

April 27, 2016
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GTL Infrastructure has reported a year-on-year decline of around 7.45 per cent in its net loss, which fell from Rs 1,002.2 million during the quarter ended March 2015 to Rs 927.5 million during the corresponding quarter in 2016. This can be attributed to a rise of 0.23 per cent in the company‚Äôs revenues, which increased from Rs 1,555 million to Rs 1,559 million during the same period.  Meanwhile, the total expenditure of the company increased by 2.81 per cent from Rs 1,362 million to Rs 1,400.3 million while the finance costs increased by from 975.7 million to 1,038.9 million.

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