GTL Infrastructure announced its quarter three results wherein posted revenues of Rs 75.47 crore as compared to Rs 45.08 recorded a year ago at a growth rate of 67.41 percent.

The loss too narrowed down to Rs 1.4 crore as compared to Rs 16 crore witnessed a year ago. The company said that the net losses were on account of a tax provision. Other income stood at around Rs 17 crore recorded during the quarter as compared to Rs 7 crore in the corresponding period last year.

The company’s operating profit for the quarter stood at Rs 29.56 crore (51.04 per cent of revenue), as against Rs 19.64 crore (52.69 per cent of revenue) recorded during the same quarter a year ago.