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MTNL incurs net loss of Rs 47 cr in Q1

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Press Trust of India Mumbai

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.

 

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First Published: Jul 31 2009 | 8:51 PM IST

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