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Tata Teleservices Maharashtra Q3-FY15 loss at Rs 159.38 Cr

Tata Teleservices Maharashtra Ltd (TTML) continues to report losses: Rs 169.08 crore loss for the quarter ended December 31, 2014, up from Rs 159.38 crore loss in the previous quarter and Rs 156.36 crore loss in the same quarter last year. Note this is the telco’s 18th straight loss making quarter. The net income from telecom services however grew to Rs 720.85 crore for the quarter, up from 682.42 crore in the previous quarter and Rs 662.26 crore the same quarter last year. The EBITDA was at Rs 156.28 crore for this quarter. Overall for the nine months ended Dec 31, 2014, the company reported a loss of Rs 451.36 crore, up from Rs 448.49 crore the same period last year. The total income from overall operations was at 738.56 crore for the quarter, however the telco did not mention…

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