MTNL profit 90 percent up in Q3

Sunday, 28 January 2007, 06:00 Hrs
Printer Print Email Email
New Delhi:The state-run telecom major Mahanagar Telephone Nigam Ltd (MTNL)reported an increase of 90.52 percent in its net profit during the third quarter of 2006-07. The net profit for the telephone service provider increased to 2.24 billion compared to 1.17 billion in the third quarter of 2005-06. The firm, however, witnessed a dip in its income generated from services, which is 12.60 billion during the quarter ending December 2006 compared to 12.66 billion in the same period last year, according to an MTNL statement. Income from mobile services posted a robust increase of 31.22 percent 2.00 billion as against 1.52 billion in the third quarter of last year.
Source: IANS
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..