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MTNL reports a loss of Rs 7.18 billion the quarter ended June 2016

September 14, 2016
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Mahanagar Telephone Nigam Limited (MTNL) has reported a net loss of Rs 7.18 billion for the quarter ended June 2016. The operator had reported a net loss of Rs 7.34 billion during the corresponding quarter in 2015. Meanwhile, the operator’s revenues declined by 4.6 per cent from Rs 7.80 billion to Rs 7.44 billion during the same period.

 Further, the income from basic and other services declined from Rs 6.48 billion during the quarter ended June 2015 to Rs 6.12 billion during the quarter ended June 2016. Moreover, the revenue from cellular services declined from Rs 1.66 billion to Rs 1.63 billion during the same period.

 
 
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