GTL registers a Revenue growth of 26% on Y-o-Y basis

Highlights for the quarter ended June 30, 2010
• Consolidated Revenue from Global Operations was ` 616.98 Crore for the quarter
ended June 30, 2010 as against ` 490.71 Crore for the corresponding quarter in the
previous year, recording a Y-o-Y growth of 26%.
• EBITDA for the quarter ended June 30, 2010 was ` 97.14 Crore as against ` 75.81
Crore for the corresponding quarter in the previous year, recording a Y-o-Y growth of
28%.
Mumbai, July 27, 2010
GTL Limited today announced the un-audited results of the Company (including its
international subsidiaries on consolidated basis) for the quarter ended June 30, 2010. GTL is
India’s largest Network Services provider and has a vision to become the world’s largest
Network Services provider.
The gross profit for the quarter ended June 30, 2010 was ` 149.81 Crore (24.28% of
revenue) as against ` 123.85 Crore (25.24% of revenue) during the corresponding quarter in
the previous year.
The Selling & Marketing Expenses increased to ` 16.67 Crore (2.70% of revenue) in the
current quarter from ` 13.43 Crore (2.74% of revenue) in the corresponding quarter for theprevious year. Administration Expenses were ` 36.00 Crore (5.84% of revenue) in the current
quarter as against ` 34.61 Crore (7.05% of revenue) in the corresponding quarter for the
previous year.
Depreciation charged for the quarter stood at ` 17.73 Crore as against ` 13.98 Crore in the
corresponding quarter of last financial year.
The Net profit of the Company has reduced from ` 53.26 Crore to ` 37.49 Crore mainly due to
exchange loss of ` 2.41 Crore as against an exchange gain of ` 19.72 Crore reported in the
corresponding quarter in the previous year.
Manpower at GTL
The total manpower of the Company stood at 7,064 as on June 30, 2010, as against 5,942 as
on June 30, 2009.
Award won during the quarter
GTL has won the “International Asia Pacific – World Class Award” in large service category.
This award is given to companies displaying world class quality performance. The award
follows the U.S. Malcolm Baldrige Performance Excellence Model.
About GTL Limited
GTL, a Global Group Enterprise, is a leading Network Services company, offering services and
solutions to address the Network Life Cycle requirements of Telecom Carriers and Technology
providers (OEMs).
Global Group is India’s leading business group involved in Network Services and Telecom
Tower Infrastructure. Global Holding Corporation Pvt. Ltd. is the holding company of “Global
Group” that has 7 operating companies, two of which, GTL and GTL Infra, are listed on Indian
Stock Exchanges.
The Group, owns 32,500 Telecom Towers, is expected to have revenues in excess of US$ 1.5
Billion, Balance sheet size of over US$ 5 Billion and more than 35,000 professionals (FY2011E). The Group has Operations across 46 countries, employs people of 22 nationalities
and supports 18 social causes.
For over 2 decades Global Group has been partnering with leading telecom operators and
OEMs offering its expertise in wireless communications. From 2G Networks to 3G, from
WiMAX to IPTV, Global group provides complete life-cycle solutions around Network Services.
The services include Network Planning and Design, Network Deployment, Network Operations
and Maintenance, Infrastructure Management, Energy Management and Professional services.
Global Group Enterprises have received more than 35 accolades and awards for excellence in
Business, CSR and Corporate Governance. The group’s flagship company GTL features in the
in the S&P’s ESG India Index, is the recipient of “Outstanding Achievement” trophy from IMC
RBNQA, "Certificate for strong Commitment” from CII-ITC for Sustainable Development and
“Greentech Environment Excellence” Award. GTL Infra has won “Best Independent
Infrastructure Provider” from Tele.Net, “Innovative Infrastructure Company of the year” by
CNBC TV18 and “Top Independent Infrastructure Provider of India” by V&D. Global Towers
has been awarded the “Best in class Innovation in Manufacturing Award” at International
India Innovation summit, 2010. The Group offers excellent working conditions and provides
social benefits like free Medical Care and Insurance for the employees’ families.
By 2013, the Group plans to Erect, Engineer and Manage 100,000 Cell Sites across 150
Networks. These Networks are expected to connect more than 100 million subscribers in 50
countries across the world.