Telecommunication services provider Tata Teleservices (Maharashtra) has posted a consolidated net profit of Rs 80.23 crore for the year ended March 31, 2011.
The company had a net loss of Rs 318 crore during the same period last fiscal, the company said in a filing to the Bombay Stock Exchange.
During the fiscal, total sales rose to Rs 3,168.43 crore from Rs 2,277.78 crore.
On a standalone basis, the company has posted a net profit of Rs 49.90 crore against a net loss of Rs 298 crore in the same period previous fiscal.
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