Tata Teleservices Maharashtra March Quarter Loss Flat

Tata Teleservices Maharashtra Ltd.'s net loss for the March quarter narrowed to ₹3.06 billion, compared to a loss of ₹3.15 billion in the previous quarter. Revenue for the quarter fell 7.4% to ₹3.08 billion, and on a year-on-year basis, revenue declined by 4.7%. In the same period last year, the company posted a net loss of ₹3.09 billion.

Other income for the quarter increased to ₹19.4 million from ₹9.6 million in the previous quarter.

Total expenditure, including finance costs, was ₹6.2 billion, down from ₹6.5 billion in the previous quarter. Finance costs stood at ₹4.19 billion, compared to ₹4.23 billion a quarter ago.

For  2024-25, the company's net loss widened to ₹12.75 billion from ₹12.28 billion in the previous year. However, revenue rose by 9.8% to ₹13.08 billion.