GTL Ltd — Earnings Release 2025

Feb 5, 2025

REF: GTL/CS-SE/2024-25/52

February 05, 2025

Department of Corporate Services	Corporate Communication Department
BSE Limited	National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers,	Exchange Plaza, 5th Floor,
25th Floor, Dalal Street,	Plot No. C/1, G Block,
Fort, Mumbai 400 001.	Bandra Kurla Complex
	Bandra (East), Mumbai 400 051.
(BSE Code: 500160 NSE Symbol: GTL ISIN: INE043A01012)

Dear Sir/s,

Re.: Newspaper Advertisement — Un-Audited Financial Results for the quarter ended December 31, 2024

Pursuant to the Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper publication pertaining to financial results of the Company for the quarter and period ended December 31, 2024. The advertisements were published in the newspapers 'The Free Press Journal' and 'Nayshakti' on February 05, 2025.

DEEPAK ARUN KELUSK

AR

Digitally signed by: DEEPAK ARUN KELUSKAR DN: CN = DEEPAK ARUN KELUSKAR C = IN O = Personal Date: 2025.02.05 15:07:33 +05'30'

We request you to take the above on your records.

Thanking you,

Yours faithfully, for GTL Limited Milind Bapat Deepak Keluskar Chief Financial Officer Company Secretary Digitally signed by: MILIND VASANT BAPAT DN: CN = MILIND VASANT BAPAT email = MILINDB@GTLLIMITED. COM C = IN O = Personal Date: 2025.02.05 15:06: 15 +05'30' MILIND VASANT BAPAT

Encl: As above

Note: This letter is submitted electronically with BSE & NSE through their respective web-portals.

GTL LIMITED Regd Off: 6th Floor, Building No. A, Plot No. EL - 207, MIDC TTC Industrial Area, Mahape Navi Mumbai - 400 710 India Tel: +91-22-2761 2929 Fax: +91-22-2768 9990 wvvw.gtIlimited.com CIN: L40300MH1987PLC045657

GTL Limited GTL Limited

Registered Office: 6th Floor, Building A, Plot No. EL-207, MIDC, TTC Industrial Area, Mahape, Navi Mumbai - 400 710, Maharashtra, India. I Tel: +91 22 2761 2929 I Fax: +91 22 2768 9990 Email: gtlshares@gtllimited.comI Website: www.gtllimited.comI CIN: L40300MH1987PLC045657 Registered Office: 6th Floor, Building A, Plot No. EL-207, MIDC, TTC Industrial Area, Mahape, Navi Mumbai - 400 710, Maharashtra, India. | Tel: +91 22 2761 2929 | Fax: +91 22 2768 9990 Email: gtlshares@gtllimited.com | Website: www.gtllimited.com | CIN: L40300MH1987PLC045657

EXTRACT OF STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND PERIOD ENDED DECEMBER 31, 2024 EXTRACT OF STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND PERIOD ENDED DECEMBER 31, 2024

	(` lakhs unless otherwise stated)R lakhs unless otherwise stated)
		Quarter endedQuarter ended	Period endedPeriod ended	Quarter endedQuarter ended
	ParticularsParticulars		31-Dec-2431-Dec-24	31-Dec-2331-Dec-23
			UnauditedUnaudited	UnauditedUnaudited
	1 Total Income from operations1Total Income from operations	5,103.345,103.34	18,397.9718,397.97	4,346.004,346.00
	2 Net Profit / (Loss) for the period (before tax, exceptional and / or extraordinary items)2Net Profit / (Loss) for the period (before tax, exceptional and / or extraordinary items)	(3,732.25)(3,732.25)	90.7390.73	382.31382.31
	3 Net Profit / (Loss) for the period before tax (after exceptional and / or extraordinary items)3Net Profit / (Loss) for the period before tax (after exceptional and / or extraordinary items)		90.7390.73	382.31382.31
	4 Net Profit / (Loss) for the period after tax (after exceptional and / or extraordinary items)4Net Profit / (Loss) for the period after tax (after exceptional and / or extraordinary items)		(1,959.27)(1,959.27)	382.31382.31
	5Total Profit / (Loss) for the period [Comprising Profit / (Loss) for the period (after tax) and Other Comprehensive5 Total Profit / (Loss) for the period [Comprising Profit / (Loss) for the period (after tax) and Other ComprehensiveIncome (after tax)]Income (after tax)]	(4,178.77)(4,178.77)	(1,924.66)(1,924.66)	298.80298.80
	6 Paid up equity share capital (face value of ` 10 per share)6 Paid up equity share capital (face value of Z 10 per share)		15,729.6815,729.68	15,729.6815,729.68
	7 Reserves (excluding Revaluation Reserves) as shown in the audited Balance Sheet of the previous year7 Reserves (exduding Revaluation Reserves) as shown in the audited Balance Sheet of the previous year		N.A.N.A.	N.A.N.A.
	8 Earnings Per Share (EPS) (for continuing and discontinued operations) (Face value of Z 10/- each)8 Earnings Per Share (EPS) (for continuing and discontinued operations) (Face value of ` 10/- each)	(2.66)(2.66)	(1.25)(1.25)	0.240.24
	*Basic & Diluted, not annualized*Basic & Diluted, not annualized

Notes: Notes:

1. The above financial results and the notes thereto have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on February 4, 2025. 1. The above financial results and the notes thereto have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on February 4, 2025.

2. The financial results for the quarter and period ended December 31, 2024 are in compliance with Indian Accounting Standard (Ind —AS) notified by the Ministry of Corporate Affairs (as amended) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. (' %$#&"! !&#&"&$#&#& &#!&# #&###&&(( &#&! &! #&?!$& ! & ! & & & & !"!#&&$#&! !&"&-#& Affairs (as amended) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.

3. Modified opinion of the Auditor - As mentioned in Note no. 6 to the Statement (refer full format of the financial results as stated in Note 4 below) the Company has neither paid nor provided interest on its borrowings during the quarter ended December 31, 2024. Had such intere been recognized, the finance cost and interest liability for the quarter ended December 31, 2024 would have been more by Z 9,548.57 lakhs. 3. Modified opinion of the Auditor - As mentioned in Note no. 6 to the Statement (refer full format of the financial results as stated in Note 4 below) the Company has neither paid nor provided interest on its borrowings during the quarter ended December 31, 2024. Had such intere been recognized, the finance cost and interest liability for the quarter ended December 31, 2024 would have been more by ` 9,548.57 lakhs.

Consequently the reported profit after Other Comprehensive Income of the Company for the quarter ended December 31, 2024 would have been a loss of Z 13,727.35 lakhs and Earnings per share (EPS) would have been negative Z 8.73. Consequently the reported profit after Other Comprehensive Income of the Company for the quarter ended December 31, 2024 would have been a loss of 13,727.35 lakhs and Earnings per share (EPS) would have been negative 8.73.

1. The above is an extract of the detailed format of the quarterly financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Financial Results for the quarter & period ended December 31, 2024 are available on the Stock Exchange websites www.bseindia.comand www.nseindia.comand the Company's webpage htto://www.gtIlimited.comfind/Notice to Stock Exchange.asox. The same can be accessed by scanning the OR code provided below. For GTL Limited _S.' • 1. L . Sunil S.Valavalkar .: . 0; For GTL Limited 4. The above is an extract of the detailed format of the quarterly financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Financial Results for the quarter & period ended December 31, 2024 are available on the Stock Exchange websites www.bseindia.com and www.nseindia.com &$#&- &?# #&http://www.gtllimited.com/ind/Notice\_to\_Stock\_Exchange.aspx. The same can be accessed by scanning the QR code provided below.

Date: February 4, 2025 Place: Navi Mumbai Date: February 4, 2025 Place: Navi Mumbai

GTL Limited

G I GTL Limited Registered Office: 6th Floor, Building A, Plot No. EL-207, MIDC, TTC Industrial Area, Mahape, Navi Mumbai - 400 710, Maharashtra, India. I Tel: +91 22 2761 2929 I Fax: +91 22 2768 9990 Email: gffshares@gthimited.com I Website: www.gtllimited.comI CIN: L40300MH1987PLC045657 Registered Office: 6th Floor, Building A, Plot No. EL-207, MIDC, TTC Industrial Area, Mahape, Navi Mumbai - 400 710, Maharashtra, India. | Tel: +91 22 2761 2929 | Fax: +91 22 2768 9990 Email: gtlshares@gtllimited.com | Website: www.gtllimited.com | CIN: L40300MH1987PLC045657

EXTRACT OF STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND PERIOD ENDED DECEMBER 31, 2024 EXTRACT OF STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND PERIOD ENDED DECEMBER 31, 2024

				(` lakhs unless otherwise stated)R lakhs unless otherwise stated)
		Quarter endedQuarter ended	Period endedPeriod ended	Quarter endedQuarter ended
	ParticularsParticulars		31-Dec-2431-Dec-24	31-Dec-2331-Dec-23
			UnauditedUnaudited	UnauditedUnaudited
1	1 Total Income from operations	5,103.34	18,397.97	4,346.00
	Total Income from operations	5,103.34	18,397.97	4,346.00
	2 Net Profit / (Loss) for the period (before tax, exceptional and / or extraordinary items)	(3,732.25)	90.73	382.31
	2 Net Profit / (Loss) for the period (before tax, exceptional and / or extraordinary items)	(3,732.25)	90.73	382.31
	3 Net Profit / (Loss) for the period before tax (after exceptional and / or extraordinary items)	(3,732.25)	90.73	382.31
	3 Net Profit / (Loss) for the period before tax (after exceptional and / or extraordinary items)	(3,732.25)	90.73	382.31
	4 Net Profit / (Loss) for the period after tax (after exceptional and / or extraordinary items)	(4,182.25)	(1,959.27)	382.31
	4 Net Profit / (Loss) for the period after tax (after exceptional and / or extraordinary items)	(4,182.25)	(1,959.27)	382.31
5	5 Total Profit / (Loss) for the period [Comprising Profit / (Loss) for the period (after tax) and Other ComprehensiveTotal Profit / (Loss) for the period [Comprising Profit / (Loss) for the period (after tax) and Other ComprehensiveIncome (after tax)]Income (after tax)]		(1,924.66)(1,924.66)	298.80298.80
	6 Paid up equity share capital (face value of Z 10 per share)		15,729.68	15,729.68
	6 Paid up equity share capital (face value of ` 10 per share)		15,729.68	15,729.68
	7 Reserves (excluding Revaluation Reserves) as shown in the audited Balance Sheet of the previous year	N.A.	N.A.	N.A.
	7 Reserves (excluding Revaluation Reserves) as shown in the audited Balance Sheet of the previous year	N.A.	N.A.	N.A.
	8 Earnings Per Share (EPS) (for continuing and discontinued operations) (Face value of Z 10/- each)*	(2.66)	(1.25)	0.24
	8 Earnings Per Share (EPS) (for continuing and discontinued operations) (Face value of ` 10/- each)*	(2.66)	(1.25)	0.24
	*Basic & Diluted, not annualized*Basic & Diluted, not annualized

Notes: Notes:

1. The above financial results and the notes thereto have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on February 4, 2025. 1. The above financial results and the notes thereto have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on February 4, 2025.

2. The financial results for the quarter and period ended December 31, 2024 are in compliance with Indian Accounting Standard (Ind —AS) notified by the Ministry of Corporate Affairs (as amended) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. (' %$#&"! !&#&"&$#&#& &#!&# #&###&&(( &#&! &! #&?!$& ! & ! & & & & !"!#&&$#&! !&"&-#& Affairs (as amended) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.

3. Modified opinion of the Auditor - As mentioned in Note no. 6 to the Statement (refer full format of the financial results as stated in Note 4 below) the Company has neither paid nor provided interest on its borrowings during the quarter ended December 31, 2024. Had such intere been recognized, the finance cost and interest liability for the quarter ended December 31, 2024 would have been more by Z 9,548.57 lakhs. 3. Modified opinion of the Auditor - As mentioned in Note no. 6 to the Statement (refer full format of the financial results as stated in Note 4 below) the Company has neither paid nor provided interest on its borrowings during the quarter ended December 31, 2024. Had such intere been recognized, the finance cost and interest liability for the quarter ended December 31, 2024 would have been more by ` 9,548.57 lakhs.

Consequently the reported profit after Other Comprehensive Income of the Company for the quarter ended December 31, 2024 would have been a loss of Z 13,727.35 lakhs and Earnings per share (EPS) would have been negative Z 8.73. Consequently the reported profit after Other Comprehensive Income of the Company for the quarter ended December 31, 2024 would have been a loss of 13,727.35 lakhs and Earnings per share (EPS) would have been negative 8.73.

1. The above is an extract of the detailed format of the quarterly financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Financial Results for the quarter & period ended December 31, 2024 are available on the Stock Exchange websites www.bseindia.comand www.nseindia.com and the Company's webpage http://www.gtltimited.comfind/Noticeto Stock Exchange.aspx. The same can 4. The above is an extract of the detailed format of the quarterly financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Financial Results for the quarter & period ended December 31, 2024 are available on the Stock Exchange websites www.bseindia.com and www.nseindia.com &$#&-&?# #&http://www.gtllimited.com/ind/Notice\_to\_Stock\_Exchange.aspx. The same can

be accessed by scanning the QR code provided below.be accessed by scanning the OR code provided below.	1:1 g Y I:I	For Gil LimitedFor GTL Limited
Date: February 4, 2025Date: February 4,2025Place: Navi MumbaiPlace: Navi Mumbai	.Q..	Sunil S.ValavalkarSunil S.ValavalkarWhole-time DirectorWhole-time Director(DIN: 01799698)(DIN: 01799698)