Tata Tele Ma­ha­rash­tra Q3 Loss Widens to ₹ 415 crore

The Economic Times - - Economy: Macro, Micro & More -

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 .

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.