MTNL posts Rs.733 crore net loss in Q1

Mumbai, Aug 14 (IANS) The state-owned telecommunications company Mahanagar Telephone Nigam Ltd (MTNL) recorded a Rs.733.23 crore net loss for the first quarter (April-June) of 2014-15, a filing in the Bombay Stock Exchange (BSE) by the company stated.

The company posted Rs.1,256.21 crore net loss during the corresponding period last fiscal (2013-14).

The total incomes from operations of the company stood at Rs.856.02 crore for the June quarter in 2014-15 compared ro Rs.883.16 crore reported during the corresponding period last fiscal.

The stocks of the company were trading at Rs.29.35 per scrips, up 2.62 percent at 3.53 p.m.

Read more about: mtnl
Story first published: Thursday, August 14, 2014, 17:06 [IST]
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