A meeting of the board of directors of GTL will be held on Apr 11, 2008 to consider the recommendation of dividend, if any, on equity shares capital of the company for the year ended Mar. 31, 2008.
The board at the same meeting shall also consider the audited financial results for the quarter and financial year ended Mar. 31, 2008.
GTL registered a 3.4 times growth in net profits to Rs 337.20 million for the quarter ended December 2007 from Rs 98.50 million for the quarter ended December 2006.
Net sales quarter rose 67.05% to Rs 3622.30 million for the quarter ended December 2007 from Rs 2168.40 million for the quarter ended December 2006.
Shares of the company declined Rs 3.15, or 1.22%, to trade at Rs 256. The total volume of shares traded was 7,266 at the BSE. (3.06 p.m., Thursday)
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