Tata Teleservices: Net loss is Rs.119.32 crore

July 26th, 2011 - 8:54 pm ICT by IANS  

New Delhi, July 26 (IANS) Telecom service provider Tata Teleservices (Maharashtra) Ltd Tuesday posted a net loss of Rs.119.32 crore for the quarter ended June 30.

The company had a net profit of Rs.557.88 crore in the like period of the previous financial year, the company said in a regulatory filing.

The net sales, however, stood at Rs.584.98 crore during the quarter under review as against Rs.552.2 crore during the like period last year.

At Bombay Stock Exchange, the shares of the company closed 3.07 percent lower at Rs.22.10.

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