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    Home » Tata Tele’s loss comes right down to Rs 295 crore in April-June
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    Tata Tele’s loss comes right down to Rs 295 crore in April-June

    News24BuzzBy News24BuzzAugust 9, 2022Updated:August 9, 2022No Comments2 Mins Read
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    Disclaimer:This article has been auto-uploaded from the company feed. It has now not been edited via the group of NavbharatTimes.com.

    Language , Updated: Aug 9, 2022, 10:22 PM

    New Delhi, Aug 9 (PTI) Telecom corporate Tata Teleservices (Maharashtra) reported a lack of Rs 295.1 crore within the first quarter of the present monetary 12 months. There was once a internet benefit of Rs. Tata Teleservices (Maharashtra) Ltd. (TTML) working source of revenue additionally declined marginally to Rs 266.48 crore for the quarter ended June 2022 from Rs 268.03 crore within the corresponding quarter of 2021-22 a 12 months in the past. The Board of Directors of the Company authorized the redemption length of 20.18 crore non-convertible redeemable desire stocks valued at Rs 2,018 crore.

    New Delhi, Aug 9 (PTI) The lack of telecom corporate Tata Teleservices (Maharashtra) narrowed to Rs 295.1 crore within the first quarter of the present monetary 12 months.

    The corporate on Tuesday mentioned it had posted a internet benefit of Rs 318.45 crore in the similar quarter of 2021-22 a 12 months in the past.

    Tata Teleservices (Maharashtra) Ltd. (TTML) working source of revenue additionally declined marginally to Rs 266.48 crore for the quarter ended June 2022 from Rs 268.03 crore within the corresponding quarter of 2021-22 a 12 months in the past.

    The Board of Directors of the corporate has authorized extension of redemption length of 20.18 crore non-convertible redeemable desire stocks price Rs 2,018 crore for an extra length of 2 years with impact from September 18. The corporate had issued those stocks on a preferential foundation to the promoter entity Tata Teleservices.

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