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Mobile Subscribers Yearwise comparision

MTNL posts a loss of Rs 7.03 billion during the quarter ended June 2017

August 16, 2017

Mahanagar Telephone Nigam Limited (MTNL) has reported a net loss of Rs 7.03 billion for the quarter ended June 2017 as against a net loss of Rs 7.18 billion during the quarter ended June 2016.

Meanwhile, MTNL’s total income declined from Rs 8.81 billion during the quarter ended June 2016 to Rs 8.12 billion during the corresponding quarter in 2017. Further, the operator’s total expenses stood at Rs 15.15 billion during the quarter ended June 2017 as against Rs 15.99 billion in the quarter ended June 2016. However, its expenses related to employee remunerations and benefit declined from Rs 6.81 billion to Rs 6.08 billion during the same period. The finance cost of the operator increased by 3.6 per cent from Rs 3.45 billion to Rs 3.58 billion.

 
 

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