Press Trust of India |
Mumbai
May 4, 2012
Last Updated at 19:44 IST
TTML posts Q4 loss at Rs 123 cr
The company had posted a net loss of Rs 330.49 crore in the same period a year ago
Telecom operator Tata Teleservices Maharashtra (TTML) today said it has registered a net loss of Rs 123.40 crore for the fourth quarter ended March 31.
The company had posted a net loss of Rs 330.49 crore in the same period a year ago.
The company's total revenue during the quarter stood at Rs 651.51 crore, up 12.42% from Rs 579.49 crore in the January-March quarter of 2010-11, TTML said in a filing to the BSE.
Value Added Services (VAS) and wireless broadband services accounted for 33% of total wireless revenues in the reporting period, the company said, adding that it maintains a stong focus on wireless broadband services.
For the full year ended March, 2012, the net loss of TTML stood at Rs 517.55 crore. However, the company had posted a net profit of Rs 49.90 crore in 2010-11.
The total income from operations for the fiscal stood at Rs 2,488.44 crore, down from Rs 3,128.24 crore in 2010-11.
