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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (5215)7/21/1999 10:34:00 AM
From: Mohan Marette   of 12475
 
Global TeleSystems earnings surge 88.4%

gtl.co.in

Date: 7/21/99 2:45:57 PM

Global Telesystems Q1 net zooms 88.4%

Global Telesystems recorded a growth of 88.4% in net profit for Q1 FY1999-2000. The company's net profit stood at Rs130mn as compared to last year's Rs69mn. Sales increased by 27.12% to Rs778mn as against previous year's Rs612mn. The scrip is currently trading at Rs238 up by Rs8.8 from Tuesday's close on the BSE.
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