Business Daily from THE HINDU group of publications
Wednesday, July 16, 2008 ePaper | Mobile/PDA Version
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Business Daily from THE HINDU group of publications Wednesday, July 16, 2008 ePaper | Mobile/PDA Version |
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Update at 1715 hrs (IST)
Info-Tech Tata Tele Q1 net loss at Rs 34.72 cr MUMBAI: Telecom services provider Tata Teleservices Maharashtra on Wednesday announced a net loss of Rs 34.72 crore for the first quarter ended June 30, 2008 against a net loss of Rs 28.42 crore in the corresponding period last year. The total Income rose to Rs 504.89 crore in the latest quarter, from Rs 409.60 crore in the same quarter in the year-ago period, Tata Teleservices Maharashtra said in a filing to the BSE. However, the company registered a cash profit of Rs 79.57 crore in the first quarter, while its foreign exchange loss stood at Rs 20.69 crore. Further, the company's subscriber base increased 62 per cent year-on-year at 5.6 million during the said period. Share of the company were trading at Rs 22.75, down 4.21 per cent in the late afternoon trade on the BSE. - PTI
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