GTL Q2 net up 3%

BS 200 SCORECARD

GTL's net profit registered a 3 per cent decline at Rs 14.50 crore for the quarter ended September 30 compared with Rs 14.95 for the corresponding quarter last year.

The company's sales and services grew at 25.2 per cent at Rs 138.10 crore for the current quarter against Rs 110.26 crore in the previous year.

Improvement in margins, focus on value addition and efficient working capital management led to the current quarter profit, a company release stated.