State run telco MTNL has reported yet another quarter of losses: Rs 595.11 crore loss for the quarter ended March 31, 2015, however it was down 18.57% from Rs 730.83 crore loss in the previous quarter. The same quarter last year, however, MTNL reported a profit of Rs 9600.34 crore on account of government’s pension benefits. Without this exceptional item, the company would’ve posted a loss of Rs 118.5 crore for that quarter. The total operational revenue for the telco stood at Rs 876.42 crore for this quarter, up 7.28% from Rs 816.92 crore last quarter and 4.12% from Rs 841.73 crore the corresponding quarter last year. Basic services: Revenues from Basic (Fixed line) services continue to dominate MTNL’s revenues, with the segment reporting revenues of Rs 688.05 crore for the quarter, up 7.64% from Rs 639.20 crore last quarter and 3.66% from 663.76 crore same quarter last year. The loss before tax from basic services stood at 69.78 crore for this quarter, down 74.04% from Rs 268.83 crore last quarter. The same quarter last year, MTNL reported a profit of Rs 5303.67 crore due to the previously mentioned government’s pension benefits. Cellular Services: Revenues from Cellular services declined slightly this quarter to Rs 180.04 crore, down 0.45% from 180.87 crore in the previous quarter and down 1.19% from Rs 182.22 crore in the corresponding quarter last year. However, the loss before tax for cellular services increased to Rs 105.65 crore for the quarter, up 2.34% from Rs 103.23 crore…
