Tata Teleservices Maharashtra Ltd (TTML) has reported a loss of Rs 163.88 crore for the quarter ended Q4-FY15, a slight decrease of 3.07% from the previous quarter when it reported a loss of Rs 169.08 crore. Note that this is the telco’s 19th straight loss making quarter. The net income from telecom services however grew to Rs 745.91 crore for the quarter, up 3.47% from 720.85 crore in the previous quarter and a 11.99% increase from Rs 666 crore from the same quarter last year. Overall for the year ended March 31st 2015, the company reported a loss of Rs 615.25 crore, up 9.85% from Rs 560.08 crore the same period last year. The total income from overall operations was at 746.04 crore for the quarter, a meager 1.01% increase from Rs 738.56 crore last quarter. However, the telco did not mention its total revenues and it had previously stopped providing any information on the contribution of VAS and data revenues to its total wireless revenues. In Q4-FY13, TTML had mentioned that VAS and Data Revenues represented 37% of its total wireless revenues for the quarter while in Q1-FY14 (which was the last quarter TTML had provided this information), VAS and data revenues accounted for 39% of the company’s total wireless revenues for that quarter. TTSL financials: Tata Teleservices Limited (TTSL) had reported net loss of ¥85,026 million (Rs 4,887 crore) for the year ended March 31, 2014 (FY14), an increase from ¥72,301 million loss (Rs 4,155 crore) in the…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...