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General

MTNL moves to net loss in Q3

Friday 13 February 2015 | 00:10 CET | News
Indian state-run operator MTNL posted a net loss for the fiscal third quarter ended 31 December 2014 of INR 7.30 billion, compared to a net profit of INR 4.28 billion in the year-ago period. For the quarter ended 31 December, income from operations decreased to INR 8.16 billion from INR 8.53 billion a year earlier. Basic and other services revenues also declined to INR 6.39 billion from INR 6.67 billion, while mobile revenues dropped to INR 1.80 billion from INR 1.90 billion in December 2013.

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Categories: General
Companies: MTNL
Countries: India
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