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© Copyright 2012

GTL Reports Fourth Quarter and Full Year Results

GTL (NSE:GTL), a Global Group Enterprise, is a leading Network Services company, offering services and solutions to address the Network Life Cycle requirements of Telecom Carriers and Technology providers (OEMs). Global Holding Corporation Pvt. Ltd. is the holding company of “Global Group” that has 7 operating companies, two of which are listed on Indian Stock Exchanges. The Group has Operations across 46 countries, employs people of 22 nationalities and supports 18 social causes.

Key Highlights

• Annual Revenue growth of 15%
• Net Profit grows by 50%

Highlights – Full Year ending March 31, 2010

• Consolidated Revenue from Global Operations was Rs. 2,236.94 Crores for the year ended March 31, 2010 as against Rs. 1,941.15 Crores in the previous year, recording a growth of 15%
• Operating Profit before depreciation, Interest & Tax for the year ended March 31, 2010 was Rs. 340.36 Crores as against Rs. 285.97 Crores in the previous year, recording a growth of 19%
• Net Profit before extra-ordinary items for the year ended March 31, 2010 was Rs. 206.08 Crores as against Rs. 137.22 Crores in the previous year, recording a growth of 50%

Highlights – Quarter ending March 31, 2010

• Consolidated Revenue from Global Operations was Rs. 624.77 Crores for the quarter ended March 31, 2010 as against Rs. 565.92 Crores for the corresponding quarter in the previous year, recording a Y-o-Y growth of 10%
• Operating Profit before depreciation, Interest & Tax for the quarter ended March 31, 2010 was Rs. 89.86 Crores as against Rs. 78.70 Crores for the corresponding quarter in the previous year, recording a Y-o-Y growth of 14%
• Net Profit before extra-ordinary items for the quarter ended March 31, 2010 was Rs. 43.79 Crores as against Rs. 34.60 Crores for the corresponding quarter in the previous year, recording a Y-o-Y growth of 27%

Awards

• ‘Certificate for strong Commitment’ from CII-ITC Center of Excellence for Sustainable Development
• ‘No.1 Telecom Turnkey of the Year Award’ for FY 2008-09 for its leadership in offering Network Services by Voice & Data
• ‘Outstanding Achievement Trophy’ in the service category from Ramkrishna Bajaj National Quality Award Trust
• Global Engineering Partner Award from Huawei Technologies Co Ltd, for consistently delivering high performance and quality Network Services
• ‘Greentech Environment Excellence Award 2009’ for its efforts in environment management

Business Outlook

• Post the Aircel transaction, Global Group is expected to cross revenues of US$ 1.5 Billion, total Asset size of over US$ 5 Billion and more than 35,000 professionals (FY 2011E)

http://www.gtllimited.com/pdf/press_releases/GTL%20Release%20M%20-%20Q4FY10.pdf 

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Posted by Guru's Pick on Wednesday, June 16, 2010 3:02 PM
     
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