Telecom services provider Mahanagar Telephone Nigam Ltd today said its net profit declined marginally by 1.38% to Rs 91.86 cr in the second quarter ended September 30.
The PSU firm had a net profit of Rs 93.15 crore in the September quarter of last fiscal, MTNL said in a filing to the Bombay Stock Exchange.
The total income rose to Rs 1,359.84 cr for the quarter under review, from Rs 1,332.85 cr in the corresponding period a year ago.
For the six-month ended September 30, MTNL reported a net profit of Rs 204.40 cr, a 5.79% growth over the year-ago period.
The firm had a net profit of Rs 193.22 cr in the first half of previous fiscal.
During the six months period, the company's total income stood at Rs 2,371.16 cr, against Rs 2,463.13 cr in the year-ago period.
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