Mahanagar Telephone Nigam (MTNL) today reported a loss of Rs 1,573.7 crore for the fourth quarter ended March 31, 2010.
The company had posted a loss of Rs 73 crore for the same quarter ended March 31, 2009, MTNL said in a filing to the Bombay Stock Exchange (BSE).
For the year ended March 31, 2010, the company reported a loss of Rs 2,514.8 crore, while it had a net profit of Rs 211.7 crore in 2008-09.
Total income declined to Rs 4,905 crore for the year ended March 31, from Rs 5,250 crore in the same year-ago period.
Shares of MTNL today closed at Rs 65.80 on the BSE, down 1.28 per cent from previous close.
