GTL has posted a 49% drop in consolidated net profit at Rs 32.14 crore for the quarter ended June 30, 2007 when compared with Rs 63.35 crore for Q1FY07.According to an official release issued by the company to the BSE today, total income has increased to Rs 399.10 crore for from Rs 245.16 crore for the quarter ended June 30, 2006.On a stand-alone basis, the company has posted a net profit of Rs 22.40 crore for the quarter when compared with Rs 42.18 crore for Q1FY07. Its total income has increased to Rs 327.19 crore from Rs 144.90 crore for Q1FY07.