Telecommunication network services firm GTL Ltd on Wednesday reported a net loss of Rs 246 crore for the quarter ended March 31. The company had reported a net profit of Rs 48.46 crore in the same quarter last year. Consolidated revenue from global operations also declined 27 per cent to Rs 565.6 crore for the quarter compared to Rs 775 crore in the corresponding quarter last year, the company said.
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