
GTL Limited has announced the un-audited results for quarter ended December 2011.
The company has recorded a net loss of Rs 1.02 billion for the quarter under review as against a profit of Rs 490 million during quarter ended December 2010. The consolidated revenue has declined by 27.13 per cent from Rs 8.81 billion to Rs 6.42 billion during the same period.
The company reported an EBITDA of Rs 383.1 million for the quarter ended December, 2011 as against Rs 1.42 billion for the corresponding quarter in 2010.