Tata Teleservices net loss $8.67 mn in first quarter

By IANS,

Mumbai : Tata Teleservices Maharashtra Ltd (TTML) has announced a net loss of $8.67 million (Rs.347.15 million) during the first quarter of fiscal year 2008-09, compared to a net loss of $7.10 million (Rs.284.29 million) for the same quarter in the previous fiscal.

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For the latest quarter ending June, the total income of the company has increased to $126.22 million (Rs.5.04 billion) from $102.40 million (Rs.4.09 billion) in the corresponding quarter last year.