Tata Teleservices (Maharashtra) Limited reports net loss of Rs 122.91 crore for June quarter

tata-teleservices

Tata Teleservices (Maharashtra) Limited (TTML) yesterday reported a net loss of Rs 122.91 crore for the June quarter of FY’15.

The company had reported a net loss of Rs 126.89 crore for the corresponding period last fiscal, TTML said in a filing to the BSE. Total income from operations rose 2.91 percent to Rs 707.81 crore for the reported quarter as compared to Rs 687.74 crore last time. The company said data consumption is increasing and is a significant revenue driver for the company. ”The company continues to consolidate and strengthen its position across small screen and large screen data segments by introducing innovative, relevant and many industry first products and tariffs,” it said.

TTML said it is making significant investments to improve 3G coverage and also recently upgraded its data network to ensure a better customer experience.