::Hitesh:: 1,763 Report post Posted January 28, 2010 Tata Teleservices Maharashtra Ltd. (TTML) announced its Q3 results posting 16 % rise in revenues at Rs 603 crore as compared to Rs 518 crore registered a year ago. On a sequential basis too the revenues are at a 10% rise. The company’s net loss however widened from Rs Rs 48.54 crore to Rs 103.29 crore. On a sequential basis the net loss in low as it witnessed net loss of Rs 116 crore in Q2 2010. The operator achieved 11.5 subscribers at a 74% growth on a yearly comparison. Subscribers from rest of Maharashtra and Goa totaled 7 million and the operator is now ranked 2nd largest operator in this region while in Mumbai the operator scaled past the 4 million subscriber mark and now ranks 3rd in Mumbai. The wireless minutes of usage increased 39% on a yoy comparison. It achieved the highest incremental wireless market share at 33.8% and was no.1 in incremental wireless subscriber additions for the quarter. Its tower tenancy ratio stood at 1:2. Share this post Link to post Share on other sites
KanagaDeepan 1,084 Report post Posted January 29, 2010 (edited) I wish Tata telcos to recover as early as possible... Though Indicom's tariffs are good, CC is OK, network is best, they cannot succeed as fast as its GSM arm due to only one single problem good quality CDMA handsets... So even though margins are very less in per second plans, DoCoMo is performing better than Indicom imho... Way to go Tata Edited January 29, 2010 by kanagadeepan Share this post Link to post Share on other sites
Karthik R 246 Report post Posted April 27, 2011 Tata Tele makes Rs.80 cr net profit in 2010-11 Tata Teleservices (Maharashtra) (TTML) has reported stellar performance in the financial year 2010-11. It has posted consolidated net profit of Rs. 80 crore in FY11 as against net loss of Rs 318 crore in FY10. TTML net profit was aided by exceptional item the company says, profit number included profit on sale of stake in tower arm at Rs. 835 crore. However, its earnings before interest, tax, depreciation and amortisation (EBITDA) loss jumped to Rs 490 crore from loss of Rs 160 crore in FY10. Consolidated net sales increased by 8% to Rs. 2,265 crore from Rs. 2,098.2 crore. - Money Control Share this post Link to post Share on other sites
