Business Daily from THE HINDU group of publications
Wednesday, Apr 25, 2007
ePaper
Business Daily from THE HINDU group of publications Wednesday, Apr 25, 2007 ePaper |
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Corporate Results
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Telecommunications Info-Tech - Financial Performance
Our Bureau
New Delhi April 24 MTNL today reported 47 per cent increase in net profit to Rs 206 crore for the fourth quarter ended March 31, 2007 over the corresponding previous period. Total income, however, dipped by 13.07 per cent to Rs 1,386.07 crore from Rs 1,594.51 crore in the corresponding quarter last year, according to the company results announced today. The company has attributed the fall in income mainly to decline in tariffs and average revenue per user. For the year ended March 31, the company posted net profit of Rs 643.12 crore, compared to Rs 580.29 crore for the previous year. Total income for the whole year ended March 31 decreased to Rs 5,530.69 crore from Rs 6,090.99 crore the previous year.
More Stories on : Telecommunications | Financial Performance | Mahanagar Telephone Nigam Ltd
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