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Tuesday, May 01, 2001

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GTB posts Q4 loss


HYDERABAD: Scam-tainted Global Trust Bank on Monday reported a loss of Rs 22.71 crore for the fourth quarter ending March, compared with a profit of Rs 35.33 crore in the same period the previous year.

For the full year to March, its net profit dropped 26 per cent to Rs 80.33 crore (Rs 108.62 crore).

Global Trust Bank's shares fell to Rs 26.85 on Monday on the BSE.

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