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TATA Teleservices (Maharashtra) Limited prunes loss in Q3 to Rs 27 crores
January 22, 2008
1 Min Read
NEW DELHI, India -- TATA Teleservices (Maharashtra) Limited today announced financial results for the Quarter ended December 31, 2007.
Cash Profit of Rs.86 crores for the quarter against Cash Profit of Rs.42 crores for the corresponding quarter in the previous year.
EBITDA crossed Rs.128 crores for the quarter against EBITDA of Rs.83 crores for the corresponding quarter in the previous year.
Revenue touched Rs.460 crores for the quarter against Revenue of Rs.367 crores for the corresponding quarter in the previous year.
Financial Results Summary
Revenue touched Rs.460 crores for the quarter against Revenue of Rs.367 crores for the corresponding quarter in the previous year.
The subscriber base crossed 47 lakhs during the quarter. Revenues grew to Rs.1298 crores for the nine months compared to Rs.1034 crores for the corresponding period of the previous year.
EBITDA grew to Rs.335 crores for the nine months compared to the EBITDA of Rs.206 crores for the corresponding period of the previous year.
The company posted a Cash Profit of Rs.217 crores for the nine months against Cash Profit of Rs.78 crores in the corresponding period of the previous year.
During the nine month period, FCCB holders converted 46 Million US Dollar holdings to Equity shares.
Tata Teleservices Ltd.
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