GTL Limited — Others, 14-11-2024: Copy of Newspaper Publication

GTL Limited has announced a board meeting to review its financial results for the quarter and half-year ended September 30, 2024. Total income from operations is reported at ₹6,988.64 crore, with a net profit after tax of ₹933.53 crore, compared to a profit of ₹6,592.07 crore for the same quarter last year. The company’s earnings per share stand at ₹0.59. However, an auditor's modified opinion indicates that had interest on borrowings been recognized, the profit would have reflected a substantial loss instead. This report could create a cautious sentiment among investors due to the potential financial strain highlighted by the auditor's comments.