SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ICRA reaffirms LA rating assigned to TTML’s bank limits

14 Jun 2011 Evaluate

ICRA has reaffirmed LA rating assigned to the Rs 1,012 crore bank limits of Tata Teleservices (Maharashtra) (TTML). The outlook on the long-term rating is stable.

The rating factors in the company’s strong operational linkage with Tata Teleservices, the economies of scale and cost synergies arising out of synchronization of GSM services with its existing CDMA operations and the company’s relatively lower capital expenditure requirements as it created a 3G-compatible network while launching its GSM services in 2009.

TTML posted a net profit of Rs 49.90 crore for the year ended March 31, 2011 as compared to a net loss of Rs 298.01 crore for the year ended March 31, 2010. The net sales increased by 8.68% to Rs 2248.74 crore for the year ended March 31, 2011 from Rs 2069.10 crore for the year ended March 31, 2010.

Tata Teleservice(Mah Share Price

41.92 1.49 (3.69%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1870.00
Vodafone Idea 9.25
Indus Towers 437.85
Tata Communications 1508.25
Bharti Hexacom Ltd. 1523.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×