The company announced the results after market hours on Wednesday, 25 July 2012.

Meanwhile, the BSE Sensex was down 40.86 points or 0.24% to 16,805.19.

On BSE, 1.57 lakh shares were traded in the counter as against average daily volume of 2.42 lakh shares in the past one quarter.

The stock hit a high of Rs 8.85 and a low of Rs 8.27 so far during the day.

The stock had outperformed the market over the past one month till 25 July 2012, jumping 10.71% compared with the Sensex's 0.21% fall. The scrip had, however, underperformed the market in past one quarter, sliding 6.06% as against Sensex's 1.78% fall.

GTL Infrastructure's net sales fell 0.5% to Rs 139.85 crore in Q1 June 2012 over Q1 June 2011.

GTL Infrastructure, a Global Group enterprise, is in the business of Shared Passive Telecom Infrastructure in India. GTL Infrastructure has a portfolio of towers serving all the major cellular operators. The company has a portfolio of over 30,000 towers located across India.