State-run telecom services provider Mahanagar Telephone Nigam (MTNL) today announced a net loss of Rs 46.84 crore in the first quarter ended June 30, 2009.
The company had a net profit of Rs 112.53 crore in the June quarter last fiscal, MTNL said in a filing to the Bombay Stock Exchange.
The total income of the company decreased to Rs 1,085.36 crore in the quarter under review from Rs 1275.57 crore during the same period previous year, it said.
Shares of the company closed at Rs 102.65, up 0.69 per cent from the previous close on the BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app