Latest News | MTNL Q2 Loss Narrows to Rs 582 Cr

New Delhi, Nov 11 (PTI) State-owned Mahanagar Telephone Nigam Ltd (MTNL) on Wednesday reported narrowing of its consolidated loss to Rs 582.25 crore for the September quarter.

The telecom company had posted a loss of about Rs 950 crore in the year-ago period. MTNL's losses stood at Rs 639.1 crore in preceding June quarter (Q1 FY21).

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Revenue from operations came in at Rs 342.2 crore for the September 2020 quarter, nearly 12 per cent down from Rs 388.5 crore in the corresponding period of previous year, it said in a regulatory filing.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)