May 16, 2007

Tata Tele

Tata Teleservices (Maharashtra) reports net loss of Rs 45.90 crore in the March 2007 quarter

Sales rise 23.88% to Rs 380.43 crore

Tata Teleservices (Maharashtra) reported net loss of Rs 45.90 crore in the quarter ended March 2007 as against net loss of Rs 151.76 crore during the previous quarter ended March 2006. Sales rose 23.88% to Rs 380.43 crore in the quarter ended March 2007 as against Rs 307.10 crore during the previous quarter ended March 2006.

For the full year, net loss reported at Rs 310.61 crore in the year ended March 2007 as against net loss of Rs 541.06 crore during the previous year ended March 2006. Sales rose 28.48% to Rs 1406.98 crore in the year ended March 2007 as against Rs 1095.13 crore during the previous year ended March 2006.

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