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Tata Teleservices (Maharashtra) reports standalone net loss of Rs 1365.57 crore in the March 2017 quarter

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Capital Market

Sales decline 18.60% to Rs 596.53 crore

Net Loss of Tata Teleservices (Maharashtra) reported to Rs 1365.57 crore in the quarter ended March 2017 as against net loss of Rs 21.98 crore during the previous quarter ended March 2016. Sales declined 18.60% to Rs 596.53 crore in the quarter ended March 2017 as against Rs 732.84 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2356.47 crore in the year ended March 2017 as against net loss of Rs 358.34 crore during the previous year ended March 2016. Sales declined 9.06% to Rs 2702.91 crore in the year ended March 2017 as against Rs 2972.09 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales596.53732.84 -19 2702.912972.09 -9 OPM %11.1415.79 -22.3225.04 - PBDT-269.00-38.54 -598 -601.83101.32 PL PBT-406.75-21.98 -1751 -1397.65-358.34 -290 NP-1365.57-21.98 -6113 -2356.47-358.34 -558

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First Published: May 13 2017 | 3:30 PM IST

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