TTML Q4 results: Net loss narrows to about Rs 288 cr

TTML Q4 results: Net loss narrows to about Rs 288 cr
PTI
Share
Font Size
Save
Comment
Synopsis

Total income was at Rs 267.2 crore in the last quarter of FY21, up nearly 2.3 per cent from Rs 261 crore in the year-ago period, according to a regulatory filing.

Getty Images
The losses were at Rs 873.9 crore in the corresponding period previous year.

Related

INSIGHTS

Read Stock Insights by ET for a quick analysis

Explore Now
NEW DELHI: Tata Teleservices (Maharashtra) on Monday reported a substantial narrowing of its losses to about Rs 288.3 crore for the fourth quarter ended on March 31, 2021.

The losses were at Rs 873.9 crore in the corresponding period previous year.

Total income was at Rs 267.2 crore in the last quarter of FY21, up nearly 2.3 per cent from Rs 261 crore in the year-ago period, according to a regulatory filing.

For the full year ended March 31, 2021, losses narrowed to about Rs 1,996.7 crore from Rs 3,714.1 crore in FY20.

Tata Teleservices (Maharashtra) or 's total income was at Rs 1,055 crore for FY21 against Rs 1,088.3 crore in the previous fiscal.

TTML shares closed at Rs 12.74 apiece on BSE on Monday, 4.9 per cent higher than the previous close.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day

Read before you invest. Insights on Tata Teleservices (Maharashtra) Ltd.. Explore Now