State-run Mahanagar Telephone Nigam (MTNL) has posted an 8.86 per cent increase in its net profit at Rs 507.32 crore for the year ended March 2008.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Total income of the company has decreased to Rs 5,407.84 crore for the year ended March 2008 from Rs 5,582.85 crore last year. For the quarter ended March 2008, the company posted a net profit of Rs 219.93 crore compared with Rs 202 crore in the corresponding period a year ago. 
</p><p class='TableClas'>Total income during the quarter increased to Rs 1,463.56 crore in the quarter from Rs 1,390.47 crore in the previous corresponding period. </P></p><p class='TableClas'></p></table>


MTNL profit rises 9% to Rs 507 cr in FY08

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