GTL Infrastructure Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 04:57 pm
07-08-2025 | 04:57 pm
GTL Infrastructure's board approved the financial results for the quarter. The company posted a revenue of Rs 33.45 Cr but reported a loss of Rs 23.24 Cr. A key step: GTL Infra has accepted a One-Time Settlement with Canara Bank, working on its terms for resolution. Facing past tenancy losses and debt hurdles, GTL Infra eyes industry recovery, banking on government telecom support, BSNL's 4G/5G plans, and tariff hikes to boost tower demand. The company is actively pursuing debt restructuring and significant customer claims.
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