Government-owned telecom operator MTNL continues to post losses. It reported losses of Rs 900.6 crore for the quarter ended March 31, 2018 (Q4FY18). Losses widened from Rs 639 crore in the preceding quarter, and also on a year-on-year (YoY) basis it increased from Rs 639.17 crore in the corresponding quarter last year. Total income recovered and stood at Rs 660 crore, down 22.5% quarter-on-quarter (QoQ) from Rs 852.6 crore in Q3FY18, and down 31.4% from a total income of Rs 963 crore in Q4FY17. Operating income also followed a downward curve. It stood at Rs 492.3 crore for the quarter, down 15% from Rs 580 crore in the preceding quarter, and significantly down 30% from Rs 705 crore in the same quarter last year. Segment Revenues Basic (Fixed line and Broadband) revenue stood at Rs 440.8 crore, a decline of 15% QoQ from Rs 519.7 crore in Q3FY18. In Q4FY17, this segment had posted revenue of Rs 590 crore. The segment posted losses of Rs 428.4 crore, significantly increasing from losses of Rs 150.98 crore in the preceding quarter, and loss of Rs 296.3 crore in the corresponding quarter last year. Cellular segment revenue stood at Rs 52.6 crore, down 14.7% from Rs 61.7 crore in the previous quarter, and less than half of the Rs 116.7 core revenue posted in Q4FY17. The losses posted by the segment marginally improved this quarter with Rs 166 crore, as compared to losses of Rs 168 crore in the preceding quarter. However, losses widened on YoY basis, as the segment reported a…
