Krishna Baidya’s Random Musings

Tata Teleservices’ loss increased in 2008-09

Posted on: May 13, 2009

Telecom operator Tata Teleservices Maharashtra Monday reported a net loss of Rs.1.6 billion for fiscal 2008-09 ended March 31 against a net loss of Rs.1.25 billion in the previous year.

The total income, however, increased to Rs.20.53 billion from Rs.17.89 billion in the previous year, a company statement said. Tata Teleservices Maharashtra, is the listed unit of Tata Teleservices in which Japan’s telecom major NTT Docomo has a 26 percent stake.


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