HomeNews News MTNL Q3 net loss at Rs 819.96 crore surpasses total revenue MTNL Q3 net loss at Rs 819.96 crore surpasses total revenue

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MTNL Q3 net loss at Rs 819.96 crore surpasses total revenue

MTNL Q3 net loss at Rs 819.96 crore surpasses total revenue

Monday, March 13, 2017, 6:38 PM

State-run telecom firm MTNL today reported widening of its standalone net loss at Rs 819.96 crore, surpassing its total revenue, during the three-month period ended December 31, hit by the increase in finance cost. Net loss surpassed its total income of Rs 690.59 crore. The revenue of MTNL declined by 8.6 % from Rs 756.22 crore posted in the corresponding quarter of previous fiscal.
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