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Mahanagar Telephone Nigam reports standalone net loss of Rs 600.82 crore in the March 2021 quarter

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Capital Market

Sales decline 20.17% to Rs 296.19 crore

Net Loss of Mahanagar Telephone Nigam reported to Rs 600.82 crore in the quarter ended March 2021 as against net loss of Rs 624.34 crore during the previous quarter ended March 2020. Sales declined 20.17% to Rs 296.19 crore in the quarter ended March 2021 as against Rs 371.04 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 2461.79 crore in the year ended March 2021 as against net loss of Rs 3695.68 crore during the previous year ended March 2020. Sales declined 15.15% to Rs 1303.64 crore in the year ended March 2021 as against Rs 1536.36 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales296.19371.04 -20 1303.641536.36 -15 OPM %-5.58-1.90 -3.08-95.87 - PBDT-392.44-387.47 -1 -1582.14-2723.72 42 PBT-600.82-624.34 4 -2461.79-3695.68 33 NP-600.82-624.34 4 -2461.79-3695.68 33

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First Published: Jun 30 2021 | 8:35 AM IST

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