Tata Teleservices: Net loss is 119.32 crore

Thursday, 28 July 2011, 00:17 IST
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New Delhi: Telecom service provider Tata Teleservices (Maharashtra) Ltd Tuesday posted a net loss of 119.32 crore for the quarter ended June 30. The company had a net profit of 557.88 crore in the like period of the previous financial year, the company said in a regulatory filing. The net sales, however, stood at 584.98 crore during the quarter under review as against 552.2 crore during the like period last year. At Bombay Stock Exchange, the shares of the company closed 3.07 percent lower at 22.10.
Source: IANS