GTPL Hathway reports consolidated net loss of Rs 23.50 crore in Q4
15th Apr 2019

GTPL Hathway has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a net loss of Rs 18.25 crore for the quarter ended March 31, 2019 as against to net profit of Rs 8.72 crore for the same quarter in the previous year. However, total income of the company increased by 16.05% at Rs 230.42 crore for quarter under review as compared to Rs 198.55 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported a net loss of Rs 23.50 crore for the quarter ended March 31, 2019 as against net profit of Rs 12.12 crore for the corresponding quarter of the FY18. However, total consolidated income of the company rose 21.11% at Rs 348.75 crore for quarter under review as compared to Rs 287.97 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a fall of 75.52% in its net profit at Rs 14.46 crore as compared to Rs 59.07 crore for the previous year. However, total income of company increased 11.51% at Rs 842.75 crore for year under review as compared to Rs 755.75 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 56.03% in its net profit at Rs 24.80 crore as compared to Rs 56.40 crore for the previous year. However, total income of company increased by 15.79% at Rs 1289.15 crore for year under review as compared to Rs 1113.35 crore for year ended March 31, 2018.