Mahanagar Telephone Nigam reports consolidated net loss of Rs 602.07 crore in the March 2021 quarter

Sales decline 19.58% to Rs 316.23 crore

Net Loss of Mahanagar Telephone Nigam reported to Rs 602.07 crore in the quarter ended March 2021 as against net loss of Rs 623.63 crore during the previous quarter ended March 2020. Sales declined 19.58% to Rs 316.23 crore in the quarter ended March 2021 as against Rs 393.22 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 2461.26 crore in the year ended March 2021 as against net loss of Rs 3693.72 crore during the previous year ended March 2020. Sales declined 14.53% to Rs 1387.71 crore in the year ended March 2021 as against Rs 1623.55 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales316.23393.22 -20 1387.711623.55 -15 OPM %-3.72-0.80 -3.99-89.83 - PBDT-388.31-382.18 -2 -1565.89-2706.82 42 PBT-600.00-622.57 4 -2459.19-3692.66 33 NP-602.07-623.63 3 -2461.26-3693.72 33

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