Leading network services company GTL Ltd on Monday posted over eight-fold increase in net profit at Rs 152.36 crore for the quarter ended September 30 as compared to Rs 18.24 crore in the same quarter last year.
Total income of the firm almost doubled at Rs 434.36 crore for the quarter under review as against Rs 235.21 crore in the same period a year ago, the company informed the Bombay Stock Exchange.
The stand alone profit of the company rose at Rs 45.43 crore for the reviewed quarter as against Rs 7.64 crore for the corresponding period last year.
The stand alone income of the firm also surged at Rs 357.92 crore for the period as against Rs 145.56 crore for the same quarter a year ago.
Shares of GTL were trading at Rs 241.70, up 3.73 per cent in the afternoon trade at the BSE.