Wednesday, July 16, 2008

Tata Teleservices net loss $8.67 Mn in first quarter

Tata Teleservices Maharashtra (TTML) has announced a net loss of $8.67 million (Rs.347.15 million) during the first quarter of fiscal year 2008-09.

For the latest quarter ending June, the total income of the company has increased to $126.22 million (Rs.5.04 billion) from $102.40 million (Rs.4.09 billion) in the corresponding quarter last year.