Tata Tele Maharashtra Q3 Loss Widens to ₹ 415 crore
Tata Teleservices Maharashtra reported widening of losses for the three months ended December 31, 2016, at ₹ 414.7 crore against ₹ 77 crore in the same period of the previous year. Total income from operations (net) came in at ₹ 658 crore for the quarter, which is 11% lower than ₹ 741 crore in the corresponding period of the previous year. Income from operations for Q3 FY17 was .₹ 659 crore, a decline of 7.6% from the previous quarter due to increased competition in the market. The company reported EBITDA of ₹ 184 crore .