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MTNL Q1-FY13: Total Revenue At Rs 833 Cr; Losses From Fixed Line, Cellular Services Increase

State run telecom service provider Mahanagar Telephone Nigam Limited(MTNL) has posted total revenues of Rs 833 crore for the quarter ending June 30, 2012 (Q1-FY13), recording a 2.61% dip from Rs 843 crores in the previous quarter and 0.02% growth from Rs 813.1 crores in the corresponding quarter in the fiscal 2012. Net loss for MTNL stood for Q1-FY13 stood at Rs 1058 crore, a 22.91% decline from Rs 1374.4 crore loss in Q4 2012 and 24.62% increase from Rs 849 crore loss in the corresponding quarter last year (Q1-FY12). Download: Financials Highlights - MTNL offers basic landline, broadband and cellular services in the two cities of Delhi and Mumbai and its major share of revenue comes from basic services.  MTNL’s income from basic services during Q1 2013 was Rs 653.3 crore, a decline from Rs 667.8 crore in the previous quarter but growth compared to Rs 645.3 crore in the corresponding quarter, last year. The company incurred a loss of Rs 599.3 crore from basic service operations, an increase from Rs 526.4 crore loss in the corresponding quarter last year. - MTNL’s cellular services generated revenues of Rs 183.3 crore during Q1 2013, a decline from Rs 180.6 crore in the previous quarter but growth from Rs 175.9 crore in the corresponding quarter last year. The company incurred a loss of Rs 164 crore from its cellular service operations, a significant increase from Rs 83.5 crore loss in the corresponding quarter last year. MTNL was the first telco, along with BSNL to…

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