India's GTPL Hathway slips over 5% on Q3 profit fall

GTPL Hathway

11/01/2024 08:31

** Shares of GTPL Hathway  GTPH.NS  fall 5.4% to 195.7
rupees
    ** Broadcasting co reported on Thursday its Dec-qtr
consolidated net profit fell ~37% to 236.8 mln rupees ($2.85
million)
    ** Co hurt by an over 21% surge in operating expenses during
the qtr
    ** Stock had gained ~37% in 2023

($1 = 83.0328 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))