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Global Tele FY01 net up by 90%

Apr 11, 2001

Global Tele has registered a topline growth of 26% compared to FY00. This net profit figure for FY01 includes an extraordinary income of Rs 1,976 m. The net profit figure for FY00 included an extraordinary income of Rs 1,192 m. Excluding the extraordinary items the growth in net profit is 116%. However, the consolidated figures of this year are not comparable with that of the previous year as the previous year figures represent GTL, alone and this year and for the current year the figures are consolidate for Global Electronic Commerce Services Ltd (GECS) and Global Tele-Systems Ltd (GTL).


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