India's Tata Teleservices falls after Q4 loss on high finance costs

Tata Teleservices (Maharashtra)

25/04/2023 08:25

** Shares of Tata Teleservices (Maharashtra) Ltd  TTML.NS  
fall as much as 3.90% to 60.30 rupees
    ** Slide after the connectivity and communications solutions
provider reported net loss of 2.77 bln rupees in March quarter
compared to a loss of 2.81 bln rupees a year ago, dragged by
high finance costs
    ** Revenue rose marginally to 2.80 bln rupees in Q4 from
2.73 bln rupees a year ago
    ** Core profit also rose marginally to 1.32 bln rupees from
1.25 bln rupees 
    




 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))